CONDENSED UNREVIEWED CONSOLIDATED
INTERIM FINANCIAL STATEMENTS
for the six months ended
31 December 2025
and cash dividend declaration
for the six months ended 31 December 2025
| (Rand millions unless otherwise stated) | ||||||||
| Stated capital |
Non- distributable reserves |
Treasury shares |
Share option reserve |
Retained earnings |
Total | Non- controlling interest |
Total equity |
|
| For the six months ended 31 December 2024 | ||||||||
| Audited balance at 30 June 2024 | 4 314 | 28 | (1 293) | 209 | 4 913 | 8 171 | 303 | 8 474 |
| Profit for the year | – | – | – | – | 841 | 841 | 25 | 866 |
| Other comprehensive income for the year | – | (25) | – | – | – | (25) | – | (25) |
| Total comprehensive income for the year | – | (25) | – | – | 841 | 816 | 25 | 841 |
| Dividends paid | – | – | – | – | (1 221) | (1 221) | (39) | (1 260) |
| Transactions with non-controlling interests | – | – | – | – | (1) | (1) | – | (1) |
| Share incentive costs (including vesting) | – | – | # | 6 | 8 | 14 | – | 14 |
| Reviewed balance at 31 December 2024 | 4 314 | 3 | (1 293) | 215 | 4 540 | 7 779 | 289 | 8 068 |
| For the six months ended 31 December 2025 | ||||||||
| Audited balance at 30 June 2025 | 4 314 | 6 | (1 291) | 201 | 4 861 | 8 091 | 297 | 8 388 |
| Profit for the year | – | – | – | – | 726 | 726 | 22 | 748 |
| Other comprehensive income for the year | – | (17) | – | – | – | (17) | – | (17) |
| Total comprehensive income for the year | – | (17) | – | – | 726 | 709 | 22 | 731 |
| Dividends paid | – | – | – | – | (1 462) | (1 462) | (47) | (1 509) |
| Transactions with non-controlling interests | – | – | – | – | (11) | (11) | (16) | (27) |
| Share incentive costs (including vesting) | – | – | 38 | (49) | 13 | 2 | – | 2 |
| Unreviewed balance at 31 December 2025 | 4 314 | (11) | (1 253) | 152 | 4 127 | 7 329 | 256 | 7 585 |
| # | Less than R1 million. |
CONDENSED UNREVIEWED CONSOLIDATED INTERIM FINANCIAL STATEMENTS
for the
six months ended 31 December 2025 and cash dividend
declaration
