Integrated Annual Report
2025
| Company | Group | |||||||||||||
| 2025 Rm |
2024 Rm |
Note | 2025 Rm |
2024 Rm Restated* |
2023 Rm Restated* |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||||
| 148 | 276 | Non-current assets | 6 180 | 6 403 | 6 434 | |||||||||
| – | – | Property, plant and equipment | 13 | 5 523 | 5 680 | 5 739 | ||||||||
| – | – | Right-of-use assets | 15 | 387 | 442 | 405 | ||||||||
| – | – | Intangible assets | 16 | 10 | 16 | 12 | ||||||||
| 62 | 158 | Investments | 17.1 | – | – | – | ||||||||
| – | – | Investment in associates | 17.2 | 88 | 89 | 78 | ||||||||
| 86 | 118 | Long-term financial assets | 18 | 109 | 102 | 145 | ||||||||
| – | – | Goodwill | 19 | 26 | 38 | 19 | ||||||||
| – | – | Deferred taxation | 20 | 37 | 36 | 36 | ||||||||
| 3 450 | 3 405 | Current assets | 4 337 | 4 098 | 3 525 | |||||||||
| – | – | Inventories | 21 | 1 228 | 1 271 | 1 315 | ||||||||
| # | # | Trade and other receivables | 23.1 | 854 | 902* | 1 101* | ||||||||
| 3 430 | 3 394 | Amounts owing from related parties | 23.2 | – | – | – | ||||||||
| 19 | 11 | Cash and cash equivalents | 24 | 2 169 | 1 844 | 1 049 | ||||||||
| – | – | Financial assets at fair value through profit and loss | 22 | 52 | – | – | ||||||||
| – | – | Taxation receivable | 30 | 34 | 81 | 60 | ||||||||
| Non-current assets held for sale | 14 | 35 | 133 | – | ||||||||||
| 3 598 | 3 681 | Total assets | 10 552 | 10 634 | 9 959 | |||||||||
| EQUITY AND LIABILITIES | ||||||||||||||
| 3 596 | 3 681 | Equity attributable to equity holders of the parent | 8 091 | 8 171 | 7 483 | |||||||||
| 4 314 | 4 314 | Stated capital | 25 | 4 314 | 4 314 | 4 314 | ||||||||
| – | – | Non-distributable reserve | 26 | 6 | 28 | 47 | ||||||||
| (199) | (111) | Treasury shares | 6 | (1 291) | (1 293) | (1 087) | ||||||||
| 157 | 164 | Share option reserve | 6 | 201 | 209 | 204 | ||||||||
| (676) | (686) | Retained earnings | 4 861 | 4 913 | 4 005 | |||||||||
| Non-controlling interest | 297 | 303 | 285 | |||||||||||
| 3 596 | 3 681 | Total equity | 8 388 | 8 474 | 7 768 | |||||||||
| 2 | # | Total liabilities | 2 164 | 2 160 | 2 191 | |||||||||
| Non-current liabilities | 687 | 690 | 1 066 | |||||||||||
| Interest-bearing loans | 31 | – | – | 500 | ||||||||||
| – | – | Lease liabilities | 32 | 368 | 420 | 362 | ||||||||
| – | – | Deferred taxation | 20 | 319 | 270 | 204 | ||||||||
| 2 | # | Current liabilities | 1 477 | 1 470 | 1 125 | |||||||||
| 2 | # | Trade and other payables | 27 | 702 | 718* | 837* | ||||||||
| – | – | Provisions | 28 | 182 | 178 | 208 | ||||||||
| – | – | Interest-bearing loans | 31 | 500 | 500 | – | ||||||||
| – | – | Lease liabilities | 32 | 68 | 62 | 55 | ||||||||
| – | # | Taxation payable | 30 | 25 | 12 | 25 | ||||||||
| 3 598 | 3 681 | Total equity and liabilities | 10 552 | 10 634 | 9 959 | |||||||||
| # | Less than R1 million. |
| * | Refer to note 41. |
