2024
Merafe Resources Limited
Summarised consolidated financial statements for the year ended 31 December 2024
Delivering today. Investing in tomorrow.
Merafe Resources Limited
Summarised consolidated financial statements for the year ended 31 December 2024
Delivering today. Investing in tomorrow.
| Notes | 31 December 2024 R'000 |
31 December 2023 R'000 |
|
|---|---|---|---|
| Revenue | 5 | 8 443 462 | 9 244 022 |
| Gain on acquisition of joint operation | – | 249 909 | |
| Foreign exchange gain | 29 321 | 99 377 | |
| Other expenses | (6 741 366) | (7 048 087) | |
| Earnings before interest, taxation, depreciation and amortisation | 1 731 417 | 2 545 221 | |
| Depreciation and amortisation | (354 410) | (249 319) | |
| Impairments | 9 | (575 429) | – |
| Income from equity accounted investment | 20 122 | 19 083 | |
| Results from operating activities | 821 700 | 2 314 985 | |
| Finance income | 66 011 | 40 941 | |
| Finance expense | (1 358) | (2 670) | |
| Profit before taxation | 886 353 | 2 353 256 | |
| Taxation | (219 146) | (600 292) | |
| Total comprehensive income for the year | 667 207 | 1 752 964 | |
| Earnings per share | |||
| Basic earnings per share (cents) | 26.7 | 70.1 | |
| Diluted earnings per share (cents) | 26.7 | 70.1 |
