Merafe Resources Limited –
Summarised
consolidated
financial statements and cash dividend declaration
for the year ended 31 December 2025
Delivering today. Investing in tomorrow.
| Notes | 31 December 2025 R'000 |
Restated 31 December 2024 R'000 |
|
|---|---|---|---|
| Revenue | 5 | 5 834 877 | 8 443 462 |
| Foreign exchange (loss)/gain | (165 170) | 29 321 | |
| Operating and other expenses | 13 | (5 136 662) | (6 774 473) |
| Earnings before interest, taxation, depreciation and amortisation | 13 | 533 045 | 1 698 310 |
| Depreciation and amortisation | (201 348) | (354 410) | |
| Impairments | 9 | (222 285) | (575 429) |
| Income from equity accounted investment | 13 168 | 20 122 | |
| Results from operating activities | 122 580 | 788 592 | |
| Finance income | 13 | 68 794 | 99 118 |
| Finance expense | (1 553) | (1 358) | |
| Profit before taxation | 189 821 | 886 353 | |
| Taxation | (47 233) | (219 146) | |
| Total comprehensive income for the year | 142 588 | 667 207 | |
| Earnings per share | |||
| Basic earnings per share (cents) | 5.7 | 26.7 | |
| Diluted earnings per share (cents) | 5.7 | 26.7 |
