Merafe Resources Limited (JSE: MRF)

Merafe Resources Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,717	1,656	1,269	972.13	277.63	354.18
Cash & Short-Term Investments	1,717	1,656	1,269	972.13	277.63	354.18
Cash Growth	7.08%	30.52%	30.50%	250.15%	-21.61%	25.58%
Accounts Receivable	1,832	1,355	852.53	1,547	814.82	632.14
Other Receivables	39.19	253.52	13.91	7.42	72.88	57.26
Receivables	1,871	1,608	866.44	1,554	887.7	689.39
Inventory	1,667	1,916	2,373	1,652	1,434	2,009
Prepaid Expenses	-	0.85	1.68	0.38	10.42	4.59
Other Current Assets	-	0.96	0.96	-	-	-
Total Current Assets	5,255	5,183	4,510	4,179	2,609	3,057
Property, Plant & Equipment	1,473	1,388	1,075	712.58	338.62	1,435
Long-Term Investments	25.12	14.15	6.71	2.77	2.15	-
Other Intangible Assets	23.3	25.41	29.63	34.06	38.54	49.27
Long-Term Deferred Tax Assets	-	-	6.21	3.39	110.37	1.37
Other Long-Term Assets	37.29	37.29	38.66	13.44	13.98	16.61
Total Assets	6,828	6,661	5,681	4,945	3,113	4,559
Accounts Payable	889.21	757.71	538.95	610.26	432.56	428.51
Accrued Expenses	20.59	157.27	143.24	126.53	121.96	115.14
Short-Term Debt	-	-	121.85	58.84	33.31	10.35
Current Portion of Leases	1.84	3.15	3.88	3.99	3.53	4.46
Current Income Taxes Payable	-	0.18	52.07	5.57	-	-
Other Current Liabilities	-	65.62	72.41	87.23	52.25	35.56
Total Current Liabilities	911.64	983.92	932.4	892.4	643.61	594.02
Long-Term Leases	5.32	5.91	9.06	10.92	15.58	19.97
Long-Term Deferred Tax Liabilities	342.26	271.55	131.02	92.23	-	226.07
Other Long-Term Liabilities	140.25	141.37	277.87	179.65	176.84	338.72
Total Liabilities	1,399	1,403	1,350	1,175	836.03	1,179
Common Stock	24.99	24.99	24.99	24.99	25.11	25.11
Additional Paid-In Capital	1,264	1,264	1,264	1,264	1,270	1,270
Retained Earnings	4,139	3,970	3,041	2,481	982.38	2,086
Shareholders' Equity	5,428	5,259	4,330	3,770	2,277	3,381
Total Liabilities & Equity	6,828	6,661	5,681	4,945	3,113	4,559
Total Debt	7.16	9.06	134.79	73.74	52.43	34.78
Net Cash (Debt)	1,710	1,647	1,134	898.39	225.2	319.4
Net Cash Growth	7.38%	45.24%	26.21%	298.93%	-29.49%	18.41%
Net Cash Per Share	0.68	0.66	0.45	0.36	0.09	0.13
Filing Date Shares Outstanding	2,499	2,499	2,499	2,499	2,511	2,511
Total Common Shares Outstanding	2,499	2,499	2,499	2,499	2,511	2,511
Working Capital	4,343	4,199	3,578	3,287	1,966	2,463
Book Value Per Share	2.17	2.10	1.73	1.51	0.91	1.35
Tangible Book Value	5,405	5,233	4,301	3,736	2,239	3,331
Tangible Book Value Per Share	2.16	2.09	1.72	1.49	0.89	1.33
Machinery	-	4,456	4,241	4,073	3,849	3,790

Source: S&P Capital IQ. Standard template. Financial Sources.