Sephaku Holdings Balance Sheet

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

Millions ZAR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Cash & Equivalents	45.06	29.77	13.4	4.35	29.48	32.75	Upgrade
Short-Term Investments	-	3.47	2.01	0.93	1.34	1.46	Upgrade
Cash & Short-Term Investments	45.06	33.24	15.41	5.28	30.81	34.21	Upgrade
Cash Growth	453.66%	115.65%	191.84%	-82.86%	-9.93%	322.20%	Upgrade
Accounts Receivable	133.92	118.49	106.08	120.8	85.3	88.28	Upgrade
Other Receivables	-	-	0.56	-	-	0.03	Upgrade
Receivables	133.92	118.58	106.64	121.76	88.96	91.7	Upgrade
Inventory	27.75	24.58	21.18	20.5	18.08	17.04	Upgrade
Prepaid Expenses	-	0.22	0.15	0.2	0.56	0.52	Upgrade
Other Current Assets	1.4	-	-	-	-	-	Upgrade
Total Current Assets	208.13	176.61	143.39	147.74	138.4	143.46	Upgrade
Property, Plant & Equipment	360.29	310.26	229.58	209.54	190.15	158.23	Upgrade
Long-Term Investments	854.32	866.41	851.74	837.32	840.36	811.49	Upgrade
Goodwill	223.9	223.42	223.42	223.42	223.42	223.42	Upgrade
Total Assets	1,651	1,584	1,458	1,428	1,402	1,352	Upgrade
Accounts Payable	119.26	84.13	82.79	90.31	64.49	74.03	Upgrade
Accrued Expenses	-	8.94	8.61	11.04	10.55	6.23	Upgrade
Short-Term Debt	-	-	-	17.92	-	-	Upgrade
Current Portion of Long-Term Debt	39.89	-	-	-	13.41	13.31	Upgrade
Current Portion of Leases	14.04	50.98	35.64	25.35	18.2	11.36	Upgrade
Current Income Taxes Payable	0.49	0.38	-	2.28	0.33	1.08	Upgrade
Current Unearned Revenue	-	11.53	2.67	4.24	15	11.48	Upgrade
Other Current Liabilities	-	0	0	0	0	0	Upgrade
Total Current Liabilities	173.68	155.96	129.71	151.14	121.99	117.5	Upgrade
Long-Term Debt	101.48	13.35	-	-	34.86	58.01	Upgrade
Long-Term Leases	20.63	97.61	81.66	84.89	80.28	56.05	Upgrade
Long-Term Deferred Tax Liabilities	32.26	27.61	21.27	19.43	17.58	18.03	Upgrade
Total Liabilities	328.05	294.52	232.65	255.46	254.72	249.58	Upgrade
Common Stock	682.97	682.97	682.97	682.97	682.97	682.97	Upgrade
Retained Earnings	666.81	630.12	553.83	487.2	458.41	408.39	Upgrade
Treasury Stock	-26.41	-23.63	-13.91	-	-	-	Upgrade
Comprehensive Income & Other	-	-	2.74	2.74	5.9	11.05	Upgrade
Shareholders' Equity	1,323	1,289	1,226	1,173	1,147	1,102	Upgrade
Total Liabilities & Equity	1,651	1,584	1,458	1,428	1,402	1,352	Upgrade
Total Debt	176.04	161.93	117.3	128.16	146.76	138.73	Upgrade
Net Cash (Debt)	-130.98	-128.7	-101.89	-122.88	-115.95	-104.52	Upgrade
Net Cash Per Share	-0.57	-0.55	-0.41	-0.48	-0.46	-0.41	Upgrade
Filing Date Shares Outstanding	230.32	231.79	240.7	254.49	254.49	254.49	Upgrade
Total Common Shares Outstanding	230.32	231.79	240.7	254.49	254.49	254.49	Upgrade
Working Capital	34.46	20.65	13.68	-3.39	16.41	25.96	Upgrade
Book Value Per Share	5.75	5.56	5.09	4.61	4.51	4.33	Upgrade
Tangible Book Value	1,099	1,066	1,002	949.48	923.86	878.98	Upgrade
Tangible Book Value Per Share	4.77	4.60	4.16	3.73	3.63	3.45	Upgrade
Land	29.63	29.63	2.67	2.67	2.67	2.67	Upgrade
Machinery	458.02	407.08	325.69	295.98	267.21	224.12	Upgrade
Construction In Progress	10.92	8.89	11.17	-	-	-	Upgrade

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