Mahube Infrastructure Balance Sheet

Financials in millions ZAR. Fiscal year is March - February.

Millions ZAR. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Cash & Equivalents	11.3	8.6	4.8	2.04	26.16	6.34
Cash & Short-Term Investments	11.3	8.6	4.8	2.04	26.16	6.34
Cash Growth	-14.77%	79.05%	135.01%	-92.19%	312.59%	-78.28%
Accounts Receivable	-	8.85	27.23	9.96	25.68	35.39
Other Receivables	0.55	0.2	-	0.51	0.64	0.13
Receivables	0.55	9.05	27.23	10.47	26.32	35.52
Total Current Assets	11.85	17.65	32.03	12.51	52.48	41.86
Property, Plant & Equipment	0.04	0.05	0.04	0.02	0.51	1.19
Long-Term Investments	554.55	574.43	545.94	528.77	561.88	539.62
Long-Term Deferred Tax Assets	0.04	0.04	0.04	0.05	0.12	0.11
Total Assets	566.69	592.73	581.41	547.37	620.2	588.26
Accounts Payable	1.13	0.76	0.82	0.48	0.81	0.79
Accrued Expenses	-	0.28	0.6	0.48	0.17	0.16
Current Portion of Leases	-	-	-	-	0.56	0.63
Current Income Taxes Payable	-	-	0.02	-	0.18	0.12
Total Current Liabilities	1.13	1.03	1.44	0.96	1.72	1.71
Long-Term Leases	-	-	-	-	-	0.56
Total Liabilities	1.13	1.03	1.44	0.96	1.72	2.27
Common Stock	545.85	545.85	545.85	545.85	545.85	545.85
Retained Earnings	19.71	45.85	34.12	0.56	72.64	40.14
Shareholders' Equity	565.56	591.7	579.97	546.42	618.49	585.99
Total Liabilities & Equity	566.69	592.73	581.41	547.37	620.2	588.26
Total Debt	-	-	-	-	0.56	1.19
Net Cash (Debt)	11.3	8.6	4.8	2.04	25.6	5.15
Net Cash Growth	-14.77%	79.05%	135.01%	-92.02%	397.43%	-81.28%
Net Cash Per Share	0.20	0.16	0.09	0.04	0.46	0.09
Filing Date Shares Outstanding	55.15	55.15	55.15	55.15	55.15	55.15
Total Common Shares Outstanding	55.15	55.15	55.15	55.15	55.15	55.15
Working Capital	10.73	16.62	30.59	11.56	50.76	40.15
Book Value Per Share	10.25	10.73	10.52	9.91	11.21	10.63
Tangible Book Value	565.56	591.7	579.97	546.42	618.49	585.99
Tangible Book Value Per Share	10.25	10.73	10.52	9.91	11.21	10.63
Machinery	-	0.4	0.36	0.33	0.32	0.32
Leasehold Improvements	-	-	-	0.24	0.24	0.24

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