Sanford Balance Sheet

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

Millions NZD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	11.59	14.48	6.81	9.53	3.93
Cash & Short-Term Investments	11.59	14.48	6.81	9.53	3.93
Cash Growth	-19.94%	112.71%	-28.62%	142.84%	32.77%
Accounts Receivable	62.67	83.17	104.92	88.21	70.55
Other Receivables	5.5	5.09	8.35	11.07	8.03
Receivables	68.17	88.25	113.27	99.28	78.58
Inventory	131.85	128.92	131.33	111.38	115.74
Other Current Assets	22.34	33.26	25	3.9	10.23
Total Current Assets	233.94	264.91	276.41	224.1	208.48
Property, Plant & Equipment	250.01	250.57	267.59	230.61	203.32
Long-Term Investments	0.95	1.26	4.38	3.94	4.1
Goodwill	-	1.97	3.4	3.51	4.32
Other Intangible Assets	486.17	488.12	489.8	489.59	492.81
Other Long-Term Assets	35.67	39.6	30.74	25.94	27.34
Total Assets	1,007	1,046	1,072	977.68	940.36
Accounts Payable	15.3	15.15	29.23	15.41	10.55
Accrued Expenses	7.14	8.07	8.59	10.9	8.33
Short-Term Debt	-	-	58	45	55
Current Portion of Long-Term Debt	40	-	-	-	-
Current Portion of Leases	14.61	13.89	11.52	11.67	11.12
Current Income Taxes Payable	15.52	0.9	3.63	4.77	-
Other Current Liabilities	32.15	36.04	69.43	52.14	33.54
Total Current Liabilities	124.71	74.05	180.39	139.89	118.55
Long-Term Debt	65	200	145	110	127.5
Long-Term Leases	26.8	20.44	29.48	26.85	25.29
Long-Term Deferred Tax Liabilities	44.79	43.65	27	17.97	28.02
Other Long-Term Liabilities	4.67	3.94	5.5	18.11	6.91
Total Liabilities	265.96	342.07	387.36	312.81	306.26
Common Stock	94.69	94.69	94.69	94.69	94.69
Retained Earnings	644.75	590.42	581.02	585.96	530.07
Comprehensive Income & Other	0.96	18.89	8.87	-16.17	8.64
Total Common Equity	740.41	703.99	684.57	664.49	633.39
Minority Interest	0.37	0.37	0.38	0.39	0.7
Shareholders' Equity	740.77	704.36	684.95	664.87	634.09
Total Liabilities & Equity	1,007	1,046	1,072	977.68	940.36
Total Debt	146.41	234.33	244	193.51	218.91
Net Cash (Debt)	-134.82	-219.86	-237.2	-183.98	-214.98
Net Cash Per Share	-1.44	-2.35	-2.54	-1.97	-2.30
Filing Date Shares Outstanding	93.51	93.51	93.51	93.51	93.51
Total Common Shares Outstanding	93.51	93.51	93.51	93.51	93.51
Working Capital	109.23	190.86	96.02	84.21	89.93
Book Value Per Share	7.92	7.53	7.32	7.11	6.77
Tangible Book Value	254.24	213.91	191.38	171.39	136.26
Tangible Book Value Per Share	2.72	2.29	2.05	1.83	1.46
Land	1.43	1.43	2.31	2.25	2.25
Buildings	57.52	57.42	87.77	88.93	72.85
Machinery	487.24	471.22	453.67	404.22	373.03

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