Spear Reit Limited (JSE:SEA)

Spear Reit Balance Sheet

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

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb 28, 2026	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022
Property, Plant & Equipment	1.95	5,433	4,181	3,794	4,408
Cash & Equivalents	392.72	73.86	25.05	19.53	29.21
Accounts Receivable	10.94	15.95	21.31	15.85	15.51
Other Receivables	-	0.55	-	-	-
Loans Receivable Current	-	0.05	0.22	0.07	-
Restricted Cash	-	-	-	-	0.54
Other Current Assets	106.71	117.49	445.84	426.18	71.82
Deferred Long-Term Tax Assets	0.56	0.44	0.43	0.78	1.23
Other Long-Term Assets	7,071	-	-	-	4.29
Total Assets	7,584	5,641	4,673	4,257	4,530
Current Portion of Long-Term Debt	-	513.44	240.44	375.61	-
Current Portion of Leases	-	16.35	12.67	14.73	4.69
Long-Term Debt	-	1,064	1,248	1,175	1,780
Accounts Payable	154.42	14.64	13.78	11.13	3.37
Accrued Expenses	-	12.45	16.01	16.03	14.25
Current Income Taxes Payable	-	-	0.1	0.06	0.15
Other Current Liabilities	101.85	98.81	66.66	56.37	54.01
Other Long-Term Liabilities	1,938	-	-	-	-
Total Liabilities	2,194	1,719	1,597	1,649	1,857
Common Stock	3,896	2,936	2,389	2,102	2,169
Retained Earnings	1,455	955.55	661.33	475.51	460.85
Comprehensive Income & Other	25.43	17.21	12.75	16.76	20.41
Total Common Equity	5,376	3,909	3,063	2,594	2,650
Minority Interest	13.11	13.11	13.11	13.11	23.26
Shareholders' Equity	5,390	3,922	3,076	2,608	2,673
Total Liabilities & Equity	7,584	5,641	4,673	4,257	4,530
Total Debt	-	1,593	1,501	1,566	1,785
Net Cash (Debt)	392.72	-1,519	-1,476	-1,546	-1,756
Net Cash Per Share	1.01	-5.19	-6.44	-6.56	-8.11
Filing Date Shares Outstanding	407.08	320.4	260.09	226.07	234.43
Total Common Shares Outstanding	407.08	320.4	260.09	226.07	234.43
Book Value Per Share	13.21	12.20	11.78	11.48	11.30
Tangible Book Value	5,376	3,909	3,063	2,594	2,650
Tangible Book Value Per Share	13.21	12.20	11.78	11.48	11.30

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.