Thungela Resources Balance Sheet

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

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	7,369	10,103	10,959	15,299	8,736	194
Short-Term Investments	206	18	24	31	31	-
Cash & Short-Term Investments	7,575	10,121	10,983	15,330	8,767	194
Cash Growth	-9.90%	-7.85%	-28.36%	74.86%	4419.07%	-
Accounts Receivable	4,128	2,871	2,220	3,215	2,982	2,330
Other Receivables	142	2,341	2,362	1,923	1,384	1,026
Receivables	4,270	5,212	4,582	5,138	4,366	3,356
Inventory	3,364	3,444	4,011	3,181	2,546	1,149
Prepaid Expenses	-	-	-	-	-	118
Other Current Assets	529	-	66	149	695	-
Total Current Assets	15,738	18,777	19,642	23,798	16,374	4,817
Property, Plant & Equipment	20,700	19,722	19,477	10,656	10,568	8,436
Long-Term Investments	2,657	2,458	1,132	798	386	450
Goodwill	-	-	-	8	8	8
Other Intangible Assets	422	300	313	74	110	150
Long-Term Accounts Receivable	270	229	194	1	-	44
Long-Term Deferred Tax Assets	1,138	770	471	503	378	-
Other Long-Term Assets	6,166	5,821	5,257	4,737	3,461	2,991
Total Assets	47,091	48,077	46,486	40,575	31,285	16,896
Accounts Payable	6,029	2,696	3,287	2,089	1,713	2,314
Accrued Expenses	702	3,305	3,576	2,254	1,881	1,834
Current Portion of Long-Term Debt	-	-	66	60	63	221
Current Portion of Leases	26	31	34	31	29	24
Current Income Taxes Payable	323	482	102	25	278	1
Current Unearned Revenue	-	125	191	23	25	-
Other Current Liabilities	1,302	1,559	1,431	867	272	1,303
Total Current Liabilities	8,382	8,198	8,687	5,349	4,261	5,697
Long-Term Debt	-	-	-	-	-	361
Long-Term Leases	11	19	32	62	92	127
Long-Term Deferred Tax Liabilities	1,489	1,567	1,637	1,421	1,400	581
Other Long-Term Liabilities	12,450	11,789	11,135	7,179	6,609	5,519
Total Liabilities	22,741	21,973	21,890	14,416	12,811	12,740
Common Stock	11,323	11,323	11,323	11,323	10,041	-
Additional Paid-In Capital	965	965	965	965	965	-
Retained Earnings	10,132	11,449	9,686	11,453	3,039	-4,894
Treasury Stock	-1,382	-980	-493	-302	-183	-
Comprehensive Income & Other	2,767	2,803	3,128	2,834	2,711	7,655
Total Common Equity	23,805	25,560	24,609	26,273	16,573	2,761
Minority Interest	545	544	-13	-114	1,901	1,395
Shareholders' Equity	24,350	26,104	24,596	26,159	18,474	4,156
Total Liabilities & Equity	47,091	48,077	46,486	40,575	31,285	16,896
Total Debt	37	50	132	153	184	733
Net Cash (Debt)	7,538	10,071	10,851	15,177	8,583	-539
Net Cash Growth	-9.02%	-7.19%	-28.50%	76.83%	-	-
Net Cash Per Share	56.65	74.09	77.62	111.56	81.27	-8.68
Filing Date Shares Outstanding	128.57	133.57	136.9	137.55	133.6	62.11
Total Common Shares Outstanding	128.57	133.57	136.9	137.55	133.6	62.11
Working Capital	7,356	10,579	10,955	18,449	12,113	-880
Book Value Per Share	185.15	191.37	179.76	191.01	124.05	44.45
Tangible Book Value	23,383	25,260	24,296	26,191	16,455	2,603
Tangible Book Value Per Share	181.87	189.12	177.47	190.41	123.17	41.91
Land	2,991	2,764	2,703	1,356	1,305	1,315
Machinery	32,231	30,894	30,502	26,891	25,577	22,519
Construction In Progress	9,059	9,253	7,214	5,369	5,606	5,485

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.