Exxaro Resources Limited

Reviewed condensed group financial statements and unreviewed production and sales volumes information for the year ended 31 December 2025

Condensed group statement of comprehensive incomeFor the year ended 31 December

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      2025 
Reviewed 
Rm
 
2024 
Audited 
Rm
 
 
Revenue (note 7)     41 771  40 725   
Operating expenses (note 8)     (34 656) (33 118)  
Operating profit      7 115  7 607   
Gain on disposal of subsidiary      32      
Net operating profit      7 147  7 607   
Finance income (note 10)     1 739  1 786   
Finance costs (note 10)     (1 124) (1 216)  
Share of income of equity-accounted investments (note 11)     4 488  4 270   
Profit before tax       12 250  12 447   
Income tax expense      (2 390) (2 377)  
Profit for the year      9 860  10 070   
Other comprehensive loss, net of tax       (547) (99)  
Items that will not be reclassified to profit or loss      (40) 14   
– Remeasurement of retirement employee obligations          
– Changes in fair value of equity investments at FVOCI      (39)  
– Share of OCI of equity-accounted investments      (1)  
Items that may subsequently be reclassified to profit or loss      (525) (94)  
– Unrealised exchange differences on translation of foreign operations       (81) 11   
– Changes in fair value on cash flow hedges      (278) (20)  
– Changes in fair value on costs of hedging      (33) (5)  
– Share of OCI of equity-accounted investments      (133) (80)  
Items that have subsequently been reclassified to profit or loss      18  (19)  
– Recycling of changes in fair value on cash flow hedges      18  (19)  
Total comprehensive income for the year      9 313  9 971   
Profit attributable to:            
Owners of the parent      7 564  7 724   
Non-controlling interests      2 296  2 346   
Profit for the year      9 860  10 070   
Total comprehensive income attributable to:            
Owners of the parent      7 182  7 651   
Non-controlling interests      2 131  2 320   
Total comprehensive income for the year      9 313  9 971   
             
      cents  cents   
Attributable earnings per share            
Basic1      3 178  3 192   
Diluted2      3 178  3 192   
Determined using WANOS (million of shares):      238  242   
2 Determined using diluted WANOS (million of shares):      238  242