Vukile Property Fund 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
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
Property, Plant & Equipment	52,599	48,843	36,979	34,830	30,928	32,484
Cash & Equivalents	2,344	2,135	2,353	1,387	565	1,003
Accounts Receivable	543	170	74	62	77	112
Other Receivables	-	168	168	406	190	172
Investment In Debt and Equity Securities	238	178	3,797	2,420	1,859	341
Other Intangible Assets	-	5	4	3	2	3
Loans Receivable Current	-	57	2	6	-	-
Other Current Assets	90	196	158	300	290	715
Trading Asset Securities	-	-	28	7	6	1
Deferred Long-Term Tax Assets	-	-	-	-	-	3
Other Long-Term Assets	2,243	2,069	674	655	808	1,158
Total Assets	58,057	53,821	44,237	40,076	34,725	35,992
Current Portion of Long-Term Debt	2,264	361	829	1,013	1,166	2,903
Current Portion of Leases	23	23	21	19	18	19
Long-Term Debt	22,177	21,970	17,894	16,021	13,423	12,901
Long-Term Leases	316	309	297	286	272	201
Accounts Payable	1,156	589	294	298	275	277
Accrued Expenses	-	387	309	235	239	199
Current Income Taxes Payable	-	32	-	-	5	4
Other Current Liabilities	97	162	177	212	175	314
Long-Term Deferred Tax Liabilities	139	122	80	63	33	23
Other Long-Term Liabilities	598	533	378	507	469	231
Total Liabilities	26,770	24,488	20,279	18,654	16,075	17,072
Common Stock	17,122	17,122	14,830	13,138	13,138	12,838
Retained Earnings	2,670	2,649	2,208	2,204	1,901	1,370
Comprehensive Income & Other	9,881	8,097	6,765	4,735	2,529	3,153
Total Common Equity	29,673	27,868	23,803	20,077	17,568	17,361
Minority Interest	1,614	1,465	155	1,345	1,082	1,559
Shareholders' Equity	31,287	29,333	23,958	21,422	18,650	18,920
Total Liabilities & Equity	58,057	53,821	44,237	40,076	34,725	35,992
Total Debt	24,780	22,663	19,041	17,339	14,879	16,024
Net Cash (Debt)	-22,436	-20,528	-16,660	-15,945	-14,308	-15,020
Net Cash Per Share	-18.07	-17.32	-15.98	-16.27	-14.93	-15.71
Filing Date Shares Outstanding	1,245	1,245	1,105	980.23	980.23	956.23
Total Common Shares Outstanding	1,245	1,245	1,105	980.23	980.23	956.23
Book Value Per Share	23.84	22.39	21.55	20.48	17.92	18.16
Tangible Book Value	29,673	27,863	23,799	20,074	17,566	17,358
Tangible Book Value Per Share	23.84	22.39	21.54	20.48	17.92	18.15

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.