The SPAR Group Balance Sheet

Financials in millions ZAR. Fiscal year is October - September.

Millions ZAR. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 26, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	2,753	1,622	1,708	1,113	1,645
Cash & Short-Term Investments	2,753	1,622	1,708	1,113	1,645
Cash Growth	69.68%	-5.02%	53.49%	-32.34%	-14.98%
Accounts Receivable	15,342	15,709	16,837	15,395	14,223
Other Receivables	1,727	1,811	2,548	2,383	1,907
Receivables	17,134	17,641	19,544	18,039	16,443
Inventory	4,653	6,364	6,760	6,554	5,303
Prepaid Expenses	445.7	340.8	282.8	257.4	226.9
Other Current Assets	1,472	1,257	11.7	22.9	29.5
Total Current Assets	26,458	27,225	28,307	25,986	23,648
Property, Plant & Equipment	7,717	17,607	19,401	17,317	15,328
Long-Term Investments	169.7	178.3	168	146.4	109.1
Goodwill	2,849	4,648	4,711	4,357	4,065
Other Intangible Assets	3,575	3,518	3,530	3,219	2,772
Long-Term Accounts Receivable	4,195	4,215	4,656	5,007	5,121
Long-Term Deferred Tax Assets	177.8	132.8	218.7	253.6	228.3
Other Long-Term Assets	674.4	345.4	5.9	8.2	7.6
Total Assets	46,221	58,642	61,825	57,118	52,067
Accounts Payable	17,713	16,809	17,777	15,422	13,435
Accrued Expenses	2,761	2,678	2,873	2,642	-
Short-Term Debt	680.2	3,697	3,158	3,138	2,566
Current Portion of Long-Term Debt	534.6	1,626	962.2	610.3	510.8
Current Portion of Leases	1,462	1,973	2,111	1,977	1,825
Current Income Taxes Payable	151.7	41.3	13.8	63.4	72
Other Current Liabilities	3,495	3,609	3,178	2,464	4,709
Total Current Liabilities	26,797	30,433	30,071	26,317	23,117
Long-Term Debt	6,515	5,073	7,337	7,090	7,346
Long-Term Leases	7,076	11,932	13,396	13,018	12,052
Pension & Post-Retirement Benefits	277.4	297.9	254.2	248.8	810.9
Long-Term Deferred Tax Liabilities	235.1	533.5	545.4	435.5	312.1
Other Long-Term Liabilities	9.3	-	-	-	50.1
Total Liabilities	40,909	48,268	51,603	47,109	43,688
Common Stock	2,232	2,232	2,232	2,232	2,232
Retained Earnings	2,340	7,129	6,771	6,645	5,407
Treasury Stock	-1.5	-1.5	-1.5	-30.9	-13.3
Comprehensive Income & Other	742.7	1,014	1,214	937.1	576.4
Total Common Equity	5,312	10,374	10,215	9,782	8,202
Minority Interest	-	-	6.5	226.7	177.6
Shareholders' Equity	5,312	10,374	10,222	10,009	8,379
Total Liabilities & Equity	46,221	58,642	61,825	57,118	52,067
Total Debt	16,267	24,300	26,963	25,833	24,299
Net Cash (Debt)	-13,514	-22,678	-25,255	-24,720	-22,654
Net Cash Per Share	-70.13	-117.71	-131.23	-128.30	-117.38
Filing Date Shares Outstanding	192.54	192.55	192.58	192.41	192.54
Total Common Shares Outstanding	192.54	192.55	192.58	192.41	192.54
Working Capital	-339.4	-3,207	-1,764	-331	531.3
Book Value Per Share	27.59	53.88	53.04	50.84	42.60
Tangible Book Value	-1,112	2,209	1,974	2,207	1,364
Tangible Book Value Per Share	-5.77	11.47	10.25	11.47	7.09
Land	2,975	5,738	6,149	5,418	5,036
Machinery	6,171	9,595	9,798	8,019	7,066
Construction In Progress	14.5	33.3	117.3	285.4	153.9

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