Mahube Infrastructure Balance Sheet

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

Millions ZAR. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Cash & Equivalents	13.17	8.6	4.8	2.04	26.16
Cash & Short-Term Investments	13.17	8.6	4.8	2.04	26.16
Cash Growth	53.08%	79.05%	135.01%	-92.19%	312.59%
Accounts Receivable	1.74	8.85	27.23	9.96	25.68
Other Receivables	-	0.2	-	0.51	0.64
Receivables	1.74	9.05	27.23	10.47	26.32
Total Current Assets	14.9	17.65	32.03	12.51	52.48
Property, Plant & Equipment	0.06	0.05	0.04	0.02	0.51
Long-Term Investments	-	574.43	545.94	528.77	561.88
Long-Term Deferred Tax Assets	0.26	0.04	0.04	0.05	0.12
Other Long-Term Assets	549.98	-	-	-	-
Total Assets	565.2	592.73	581.41	547.37	620.2
Accounts Payable	2.85	0.76	0.82	0.48	0.81
Accrued Expenses	0.14	0.28	0.6	0.48	0.17
Current Portion of Leases	-	-	-	-	0.56
Current Income Taxes Payable	-	-	0.02	-	0.18
Total Current Liabilities	2.99	1.03	1.44	0.96	1.72
Total Liabilities	2.99	1.03	1.44	0.96	1.72
Common Stock	545.85	545.85	545.85	545.85	545.85
Retained Earnings	16.36	45.85	34.12	0.56	72.64
Shareholders' Equity	562.22	591.7	579.97	546.42	618.49
Total Liabilities & Equity	565.2	592.73	581.41	547.37	620.2
Total Debt	-	-	-	-	0.56
Net Cash (Debt)	13.17	8.6	4.8	2.04	25.6
Net Cash Growth	53.08%	79.05%	135.01%	-92.02%	397.43%
Net Cash Per Share	0.24	0.16	0.09	0.04	0.46
Filing Date Shares Outstanding	55.14	55.15	55.15	55.15	55.15
Total Common Shares Outstanding	55.14	55.15	55.15	55.15	55.15
Working Capital	11.92	16.62	30.59	11.56	50.76
Book Value Per Share	10.20	10.73	10.52	9.91	11.21
Tangible Book Value	562.22	591.7	579.97	546.42	618.49
Tangible Book Value Per Share	10.20	10.73	10.52	9.91	11.21
Machinery	-	0.4	0.36	0.33	0.32
Leasehold Improvements	-	-	-	0.24	0.24