Hulamin 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	59.82	21.8	189.86	81.29	149.47
Cash & Short-Term Investments	59.82	21.8	189.86	81.29	149.47
Cash Growth	174.36%	-88.52%	133.54%	-45.61%	292.89%
Accounts Receivable	677.95	1,049	1,056	1,125	1,259
Other Receivables	221.72	254.54	106.74	211.01	139.05
Receivables	899.67	1,304	1,163	1,336	1,398
Inventory	3,859	3,789	3,130	3,439	3,016
Prepaid Expenses	107.42	110.42	119.53	73.59	45.11
Other Current Assets	115.01	31.92	50.05	3.11	9.79
Total Current Assets	5,041	5,257	4,652	4,933	4,618
Property, Plant & Equipment	2,238	1,880	1,307	1,088	944.25
Long-Term Investments	6.66	5.16	77.06	77.38	74.98
Goodwill	1.41	1.41	-	-	-
Other Intangible Assets	82.26	66.97	77.55	33.25	34.88
Long-Term Deferred Tax Assets	22.06	16.5	72.19	106.11	129.59
Other Long-Term Assets	61.23	64.1	61.68	83.29	79.46
Total Assets	7,453	7,291	6,247	6,322	5,882
Accounts Payable	1,300	1,470	953.09	1,345	1,456
Accrued Expenses	437.04	415.88	493.74	469.89	436.46
Short-Term Debt	86.04	1,349	994.01	916.84	800.08
Current Portion of Leases	15.8	8.89	11.64	15.38	11.47
Current Income Taxes Payable	-	22.36	0.18	84.12	5.84
Other Current Liabilities	43.17	7.35	-	2.07	0.7
Total Current Liabilities	1,882	3,274	2,453	2,833	2,710
Long-Term Debt	1,621	-	-	-	-
Long-Term Leases	38.36	12.99	51.88	46.72	41.46
Pension & Post-Retirement Benefits	214.98	216.19	204.33	206.96	205.93
Long-Term Deferred Tax Liabilities	27.95	-	-	1.47	0.9
Total Liabilities	3,784	3,504	2,709	3,089	2,959
Common Stock	1,878	1,878	1,878	1,878	1,878
Retained Earnings	1,764	1,920	1,666	1,380	1,069
Treasury Stock	-35.86	-35.86	-35.86	-35.86	-35.86
Comprehensive Income & Other	62.73	25.37	31.23	11.05	12.48
Shareholders' Equity	3,668	3,788	3,539	3,233	2,923
Total Liabilities & Equity	7,453	7,291	6,247	6,322	5,882
Total Debt	1,761	1,371	1,058	978.93	853
Net Cash (Debt)	-1,701	-1,350	-867.67	-897.64	-703.53
Net Cash Per Share	-5.51	-4.02	-2.64	-2.74	-2.15
Filing Date Shares Outstanding	313.22	313.22	313.22	313.22	313.22
Total Common Shares Outstanding	313.22	313.22	313.22	313.22	313.22
Working Capital	3,159	1,982	2,199	2,100	1,908
Book Value Per Share	11.71	12.09	11.30	10.32	9.33
Tangible Book Value	3,585	3,719	3,461	3,200	2,888
Tangible Book Value Per Share	11.44	11.87	11.05	10.22	9.22
Land	1,196	1,197	1,071	1,037	1,035
Machinery	7,321	7,285	7,399	7,256	6,970
Construction In Progress	770.22	601.66	175.07	101.57	236.21

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.