Merafe Resources Limited –
Unaudited Condensed Consolidated Financial Statements and cash dividend declaration
for the six months ended 30 June 2026
Delivering today. Investing in tomorrow.
| 30 June 2026 Unaudited R’000 |
31 December 2025 Audited R’000 |
|
|---|---|---|
| Assets | ||
| Property, plant and equipment | 1 222 676 | 1 147 920 |
| Intangible assets | 14 785 | 16 972 |
| Investment in associate | 37 248 | 38 181 |
| Long-term receivable | 96 112 | 96 112 |
| Other long-term receivable | 17 133 | 17 133 |
| Total non-current assets | 1 387 954 | 1 316 318 |
| Inventories | 1 337 860 | 1 898 609 |
| Trade and other receivable | 1 442 614 | 1 208 700 |
| Current tax receivable | 123 103 | 82 005 |
| Other short-term financial asset | 410 319 | 393 966 |
| Cash and cash equivalents and balances held with Central Treasury | 1 591 353 | 1 156 408 |
| Total current assets | 4 905 249 | 4 739 688 |
| Total assets | 6 293 203 | 6 056 006 |
| Equity | ||
| Share capital | 1 288 876 | 1 288 876 |
| Retained income | 3 741 907 | 3 429 932 |
| 5 030 783 | 4 718 808 | |
| Liabilities | ||
| Lease obligation | 2 780 | 3 370 |
| Deferred tax | 129 504 | 84 856 |
| Provisions | 299 823 | 278 360 |
| Share-based payment liability | 3 946 | 3 685 |
| Total non-current liabilities | 436 053 | 370 271 |
| Trade and other payables | 786 137 | 720 957 |
| Lease obligation | 1 294 | 1 353 |
| Provisions | 36 197 | 240 083 |
| Share-based payment liability | 2 739 | 4 534 |
| Total current liabilities | 826 367 | 966 927 |
| Total liabilities | 1 262 420 | 1 337 198 |
| Total equity and liabilities | 6 293 203 | 6 056 006 |
