Statement of financial position as at 31 December

		Group		Company
R'000	Notes	2024	2023	2024	2023
Assets
Non-current assets
Property, plant and equipment	3	1 124 913	1 387 714	575	359
Intangible assets	4	21 188	25 413	–	–
Investment in subsidiary*	5	–	–	–	–
Investment in associate	6	32 676	14 150	–	–
Long-term receivable	8	64 260	37 287	–	–
Other long-term receivable	40	17 730	14 229	17 730	14 229
Loan to subsidiary	10	–	–	915 892	942 612
		1 260 767	1 478 793	934 197	957 200
Current assets
Inventories	9	1 794 492	1 916 476	–	–
Trade and other receivables	11	1 175 161	1 544 037	8 878	15 841
Current tax receivable	12	116 966	65 218	–	–
Cash and cash equivalents	13	1 794 911	1 655 807	2 680	1 732
		4 881 530	5 181 538	11 558	17 573
Non-current assets held for sale	39	–	963	–	–
Total assets		6 142 297	6 661 294	945 755	974 773

Equity and liabilities
Equity
Share capital	14	1 288 876	1 288 876	1 288 876	1 288 876
Retained income/(accumulated loss)		3 587 239	3 969 665	(385 796)	(357 332)
		4 876 115	5 258 541	903 080	931 544
Liabilities
Non-current liabilities
Lease obligation	15	4 723	5 911	–	–
Deferred tax	7	186 146	271 554	–	–
Provision	16	142 356	131 330	–	–
Share-based payment liability	17	7 254	10 040	7 254	10 040
		340 479	418 835	7 254	10 040
Current liabilities
Trade and other payables	18	893 686	945 859	21 930	21 753
Lease obligation	15	1 150	3 148	–	–
Current tax payable	12	106	178	106	178
Provision	16	17 376	10 907	–	–
Share-based payment liability	17	13 385	11 258	13 385	11 258
		925 703	971 350	35 421	33 189
Liabilities directly associated with assets held for sale	39	–	12 568	–	–
Total liabilities		1 266 182	1 402 753	42 675	43 229
Total equity and liabilities		6 142 297	6 661 294	945 755	974 773

*	Less than R1 000.