ARCXF Balance Sheet

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

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,567	3,594	3,485	3,392	4,652
Cash & Short-Term Investments	1,567	3,594	3,485	3,392	4,652
Cash Growth	-56.40%	3.13%	2.74%	-27.08%	39.28%
Accounts Receivable	1,921	1,810	2,640	2,827	2,172
Other Receivables	-	436	912	659	540
Receivables	1,921	2,246	3,552	3,486	2,712
Inventory	6,682	10,113	12,441	11,973	12,175
Restricted Cash	1,111	-	-	-	-
Other Current Assets	70	126	173	80	2
Total Current Assets	11,351	16,079	19,651	18,931	19,541
Property, Plant & Equipment	7,829	7,373	7,974	9,570	8,065
Long-Term Investments	217	243	256	274	233
Other Intangible Assets	60	58	62	71	67
Other Long-Term Assets	1,669	1,188	1,167	1,155	1,187
Total Assets	21,126	24,941	29,110	30,001	29,093
Accounts Payable	8,515	9,708	11,020	8,184	10,059
Accrued Expenses	803	328	466	447	425
Short-Term Debt	2,900	2,700	3,000	2,500	1,800
Current Portion of Long-Term Debt	120	950	1,000	1,000	410
Current Portion of Leases	52	39	32	26	29
Current Income Taxes Payable	112	112	112	112	112
Other Current Liabilities	1,649	1,435	620	510	1,450
Total Current Liabilities	14,151	15,272	16,250	12,779	14,285
Long-Term Debt	6,106	5,055	2,700	2,700	3,700
Long-Term Leases	194	142	156	176	60
Other Long-Term Liabilities	992	2,509	2,205	2,671	1,995
Total Liabilities	21,443	22,978	21,311	18,326	20,040
Common Stock	4,537	4,537	4,537	4,537	4,537
Retained Earnings	-1,707	874	6,777	10,714	8,110
Treasury Stock	-	-3,919	-3,919	-3,919	-3,919
Comprehensive Income & Other	-3,147	471	404	343	325
Shareholders' Equity	-317	1,963	7,799	11,675	9,053
Total Liabilities & Equity	21,126	24,941	29,110	30,001	29,093
Total Debt	9,372	8,886	6,888	6,402	5,999
Net Cash (Debt)	-7,805	-5,292	-3,403	-3,010	-1,347
Net Cash Per Share	-7.00	-4.75	-3.05	-2.70	-1.21
Filing Date Shares Outstanding	1,115	1,431	1,115	1,115	1,115
Total Common Shares Outstanding	1,115	1,431	1,115	1,115	1,115
Working Capital	-2,800	807	3,401	6,152	5,256
Book Value Per Share	-0.28	1.37	7.00	10.47	8.12
Tangible Book Value	-377	1,905	7,737	11,604	8,986
Tangible Book Value Per Share	-0.34	1.33	6.94	10.41	8.06
Land	-	59	59	59	59
Buildings	-	2,457	2,457	2,340	2,338
Machinery	-	38,928	38,316	37,060	36,544
Construction In Progress	-	1,600	1,742	2,540	1,086

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