Merafe Resources Limited (JSE:MRF)

Merafe Resources Balance Sheet

Financials in millions ZAR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,142	1,795	1,656	1,269	972.13	277.63
Cash & Short-Term Investments	1,142	1,795	1,656	1,269	972.13	277.63
Cash Growth	-33.51%	8.40%	30.52%	30.50%	250.15%	-21.61%
Accounts Receivable	1,068	1,115	1,355	852.53	1,547	814.82
Other Receivables	79.59	175.29	253.52	13.91	7.42	72.88
Receivables	1,148	1,290	1,608	866.44	1,554	887.7
Inventory	2,472	1,794	1,916	2,373	1,652	1,434
Prepaid Expenses	-	1.79	0.85	1.68	0.38	10.42
Other Current Assets	-	-	0.96	0.96	-	-
Total Current Assets	4,762	4,882	5,183	4,510	4,179	2,609
Property, Plant & Equipment	1,112	1,125	1,388	1,075	712.58	338.62
Long-Term Investments	37.21	32.68	14.15	6.71	2.77	2.15
Other Intangible Assets	19.07	21.19	25.41	29.63	34.06	38.54
Long-Term Deferred Tax Assets	-	-	-	6.21	3.39	110.37
Other Long-Term Assets	58.72	64.26	37.29	38.66	13.44	13.98
Total Assets	6,006	6,142	6,661	5,681	4,945	3,113
Accounts Payable	720.46	624.31	757.71	538.95	610.26	432.56
Accrued Expenses	22.95	179.34	157.27	143.24	126.53	121.96
Short-Term Debt	-	-	-	121.85	58.84	33.31
Current Portion of Leases	1.25	1.15	3.15	3.88	3.99	3.53
Current Income Taxes Payable	0	0.11	0.18	52.07	5.57	-
Other Current Liabilities	-	120.8	65.62	72.41	87.23	52.25
Total Current Liabilities	744.66	925.7	983.92	932.4	892.4	643.61
Long-Term Leases	4.07	4.72	5.91	9.06	10.92	15.58
Long-Term Deferred Tax Liabilities	197.55	186.15	271.55	131.02	92.23	-
Other Long-Term Liabilities	150.29	149.61	141.37	277.87	179.65	176.84
Total Liabilities	1,097	1,266	1,403	1,350	1,175	836.03
Common Stock	24.99	24.99	24.99	24.99	24.99	25.11
Additional Paid-In Capital	1,264	1,264	1,264	1,264	1,264	1,270
Retained Earnings	3,620	3,587	3,970	3,041	2,481	982.38
Shareholders' Equity	4,909	4,876	5,259	4,330	3,770	2,277
Total Liabilities & Equity	6,006	6,142	6,661	5,681	4,945	3,113
Total Debt	5.32	5.87	9.06	134.79	73.74	52.43
Net Cash (Debt)	1,137	1,789	1,647	1,134	898.39	225.2
Net Cash Growth	-33.54%	8.64%	45.24%	26.21%	298.93%	-29.49%
Net Cash Per Share	0.45	0.72	0.66	0.45	0.36	0.09
Filing Date Shares Outstanding	2,505	2,499	2,499	2,499	2,499	2,511
Total Common Shares Outstanding	2,505	2,499	2,499	2,499	2,499	2,511
Working Capital	4,017	3,956	4,199	3,578	3,287	1,966
Book Value Per Share	1.96	1.95	2.10	1.73	1.51	0.91
Tangible Book Value	4,890	4,855	5,233	4,301	3,736	2,239
Tangible Book Value Per Share	1.95	1.94	2.09	1.72	1.49	0.89
Machinery	-	4,562	4,456	4,241	4,073	3,849

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.