Grindrod Balance Sheet

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

Millions ZAR. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	3,060	3,302	1,454	2,106	2,606	2,058
Short-Term Investments	578.24	620.62	1,061	416.34	-	3,623
Cash & Short-Term Investments	3,639	3,922	2,515	2,522	2,606	5,681
Cash Growth	14.30%	55.96%	-0.28%	-3.20%	-54.13%	37.52%
Accounts Receivable	2,059	1,058	978.74	873.39	983.93	707.44
Other Receivables	228.56	809.06	1,023	995.06	751.94	639.55
Receivables	2,287	1,867	2,002	1,868	1,736	3,854
Inventory	225.59	229.87	104.86	54.44	38.83	66.64
Prepaid Expenses	-	112.81	270.79	167.1	198.1	64.02
Other Current Assets	-	-	500	-	753.37	65
Total Current Assets	6,151	6,132	5,392	4,612	5,332	9,731
Property, Plant & Equipment	4,445	4,524	2,634	2,255	2,318	2,793
Long-Term Investments	2,824	2,536	5,100	5,025	4,110	4,527
Goodwill	-	1,133	284.04	299.12	302.84	436.46
Other Intangible Assets	1,655	575.54	41.99	51.32	53.84	71.34
Long-Term Accounts Receivable	205.43	247.06	417.29	429.48	111.02	-
Long-Term Deferred Tax Assets	57.26	59.41	57.57	121.82	124.72	186.98
Other Long-Term Assets	799.52	922.8	832.91	764.43	404.75	376.18
Total Assets	16,137	16,130	14,761	14,572	13,829	25,152

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	2,060	1,025	766.16	832.64	748.41	545.73
Accrued Expenses	-	622.39	392.03	415.72	668.28	438.03
Short-Term Debt	467.79	451.4	359.43	266.28	410.97	603.49
Current Portion of Long-Term Debt	161.3	172.64	332.29	154.52	299.26	1,055
Current Portion of Leases	120.17	116.49	86.91	114.45	161.83	249.28
Current Income Taxes Payable	368.34	249.08	55.83	92.89	251.52	67.37
Other Current Liabilities	111.58	500.89	316.57	469.58	650.08	11,308
Total Current Liabilities	3,289	3,138	2,309	2,346	3,190	14,267
Long-Term Debt	1,067	1,152	1,659	1,564	1,197	1,178
Long-Term Leases	1,288	1,331	491.36	523.37	446.34	797.03
Long-Term Unearned Revenue	167.26	209.56	-	-	-	-
Pension & Post-Retirement Benefits	20.78	21.5	20.62	19.89	20.2	21.82
Long-Term Deferred Tax Liabilities	227.41	242.92	78.65	55.31	14.13	57.45
Other Long-Term Liabilities	326.41	338.76	335.43	185.08	140.33	251.39
Total Liabilities	6,386	6,433	4,894	4,694	5,008	16,574

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	3,927	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	-	3,925	3,937	3,936	3,935	3,929
Retained Earnings	5,027	4,885	3,303	3,388	2,785	2,808
Comprehensive Income & Other	743.28	839.57	2,681	2,607	2,164	1,886
Total Common Equity	9,698	9,650	9,921	9,932	8,883	8,623
Minority Interest	52.86	46.12	-54.21	-53.5	-61.91	-44.7
Shareholders' Equity	9,751	9,697	9,867	9,878	8,821	8,578
Total Liabilities & Equity	16,137	16,130	14,761	14,572	13,829	25,152

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	3,104	3,223	2,929	2,623	2,515	3,883
Net Cash (Debt)	534.59	699.09	-413.48	-100.62	90.42	1,797
Net Cash Growth	-	-	-	-	-94.97%	-
Net Cash Per Share	0.80	1.05	-0.62	-0.15	0.14	2.68
Filing Date Shares Outstanding	667.6	668.84	670.32	667.76	667.3	666.53
Total Common Shares Outstanding	667.6	668.84	670.32	667.76	667.3	666.53
Working Capital	2,862	2,994	3,083	2,266	2,141	-4,537
Book Value Per Share	14.53	14.43	14.80	14.87	13.31	12.94
Tangible Book Value	8,043	7,942	9,595	9,581	8,527	8,115
Tangible Book Value Per Share	12.05	11.87	14.31	14.35	12.78	12.17
Construction In Progress	-	182.39	77.34	103.53	66.41	39.5