Spear Reit Limited (JSE:SEA)

Spear Reit Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Property, Plant & Equipment	5,433	4,181	3,794	4,408	4,498
Cash & Equivalents	73.86	25.05	19.53	29.21	32.34
Accounts Receivable	15.95	21.31	15.85	15.51	14.22
Other Receivables	0.55	-	-	-	-
Loans Receivable Current	0.05	0.22	0.07	-	22.91
Restricted Cash	-	-	-	0.54	-
Other Current Assets	117.49	445.84	426.18	71.82	5.68
Deferred Long-Term Tax Assets	0.44	0.43	0.78	1.23	6.18
Other Long-Term Assets	-	-	-	4.29	4.38
Total Assets	5,641	4,673	4,257	4,530	4,584
Current Portion of Long-Term Debt	513.44	240.44	375.61	-	407.02
Current Portion of Leases	16.35	12.67	14.73	4.69	1.69
Long-Term Debt	1,064	1,248	1,175	1,780	1,698
Accounts Payable	14.64	13.78	11.13	3.37	22.82
Accrued Expenses	12.45	16.01	16.03	14.25	7.47
Current Income Taxes Payable	-	0.1	0.06	0.15	0.31
Other Current Liabilities	98.81	66.66	56.37	54.01	54.77
Total Liabilities	1,719	1,597	1,649	1,857	2,193
Common Stock	2,936	2,389	2,102	2,169	1,923
Retained Earnings	955.55	661.33	475.51	460.85	422.89
Comprehensive Income & Other	17.21	12.75	16.76	20.41	26.01
Total Common Equity	3,909	3,063	2,594	2,650	2,372
Minority Interest	13.11	13.11	13.11	23.26	19.04
Shareholders' Equity	3,922	3,076	2,608	2,673	2,391
Total Liabilities & Equity	5,641	4,673	4,257	4,530	4,584
Total Debt	1,593	1,501	1,566	1,785	2,107
Net Cash (Debt)	-1,519	-1,476	-1,546	-1,756	-2,075
Net Cash Per Share	-5.19	-6.44	-6.56	-8.11	-9.98
Filing Date Shares Outstanding	320.4	260.09	226.07	234.43	205.73
Total Common Shares Outstanding	320.4	260.09	226.07	234.43	205.73
Book Value Per Share	12.20	11.78	11.48	11.30	11.53
Tangible Book Value	3,909	3,063	2,594	2,650	2,372
Tangible Book Value Per Share	12.20	11.78	11.48	11.30	11.53

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.