Grindrod Balance Sheet

Financials in millions ZAR. Fiscal year is January - December.

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,302	1,454	2,106	2,606	2,058
Short-Term Investments	620.62	1,061	416.34	-	3,623
Cash & Short-Term Investments	3,922	2,515	2,522	2,606	5,681
Cash Growth	55.96%	-0.28%	-3.20%	-54.13%	37.52%
Accounts Receivable	1,774	1,954	873.39	983.93	707.44
Other Receivables	205.83	318.36	995.06	751.94	639.55
Receivables	1,980	2,273	1,868	1,736	3,854
Inventory	229.87	104.86	54.44	38.83	66.64
Prepaid Expenses	-	-	167.1	198.1	64.02
Other Current Assets	-	500	-	753.37	65
Total Current Assets	6,132	5,392	4,612	5,332	9,731
Property, Plant & Equipment	4,524	2,634	2,255	2,318	2,793
Long-Term Investments	2,665	5,220	5,025	4,110	4,527
Goodwill	-	-	299.12	302.84	436.46
Other Intangible Assets	1,709	326.03	51.32	53.84	71.34
Long-Term Accounts Receivable	247.06	417.29	429.48	111.02	-
Long-Term Deferred Tax Assets	59.41	57.57	121.82	124.72	186.98
Other Long-Term Assets	794.49	713.03	764.43	404.75	376.18
Total Assets	16,130	14,761	14,572	13,829	25,152
Accounts Payable	2,036	1,431	832.64	748.41	545.73
Accrued Expenses	-	-	415.72	668.28	438.03
Short-Term Debt	451.4	359.43	266.28	410.97	603.49
Current Portion of Long-Term Debt	172.64	332.29	154.52	299.26	1,055
Current Portion of Leases	116.49	86.91	114.45	161.83	249.28
Current Income Taxes Payable	249.08	55.83	92.89	251.52	67.37
Other Current Liabilities	111.73	44.23	469.58	650.08	11,308
Total Current Liabilities	3,138	2,309	2,346	3,190	14,267
Long-Term Debt	1,152	1,659	1,564	1,197	1,178
Long-Term Leases	1,331	491.36	523.37	446.34	797.03
Long-Term Unearned Revenue	209.56	-	-	-	-
Pension & Post-Retirement Benefits	21.5	20.62	19.89	20.2	21.82
Long-Term Deferred Tax Liabilities	242.92	78.65	55.31	14.13	57.45
Other Long-Term Liabilities	338.76	335.43	185.08	140.33	251.39
Total Liabilities	6,433	4,894	4,694	5,008	16,574
Common Stock	3,925	3,937	0.01	0.01	0.01
Additional Paid-In Capital	-	-	3,936	3,935	3,929
Retained Earnings	4,885	3,303	3,388	2,785	2,808
Comprehensive Income & Other	839.57	2,681	2,607	2,164	1,886
Total Common Equity	9,650	9,921	9,932	8,883	8,623
Minority Interest	46.12	-54.21	-53.5	-61.91	-44.7
Shareholders' Equity	9,697	9,867	9,878	8,821	8,578
Total Liabilities & Equity	16,130	14,761	14,572	13,829	25,152
Total Debt	3,223	2,929	2,623	2,515	3,883
Net Cash (Debt)	699.09	-413.48	-100.62	90.42	1,797
Net Cash Growth	-	-	-	-94.97%	-
Net Cash Per Share	1.05	-0.62	-0.15	0.14	2.68
Filing Date Shares Outstanding	667.27	670.32	667.76	667.3	666.53
Total Common Shares Outstanding	667.27	670.32	667.76	667.3	666.53
Working Capital	2,994	3,083	2,266	2,141	-4,537
Book Value Per Share	14.46	14.80	14.87	13.31	12.94
Tangible Book Value	7,942	9,595	9,581	8,527	8,115
Tangible Book Value Per Share	11.90	14.31	14.35	12.78	12.17
Construction In Progress	-	-	103.53	66.41	39.5

Source: S&P Global Market Intelligence. Standard template. Financial Sources.