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 financial position At 31 December

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2025
Reviewed
Rm
2024
Audited
Rm
ASSETS
Non-current assets 70 547 66 799
Property, plant and equipment 39 667 37 292
Intangible assets 2 613 2 598
Right-of-use assets 626 281
Equity-accounted investments (note 13) 21 592 20 596
Financial assets (note 20) 5 015 5 266
Deferred tax 388 197
Other assets (note 14) 646 569
Current assets 32 663 27 917
Inventories 2 790 2 427
Financial assets (note 20) 1 259 159
Trade and other receivables (note 20) 4 283 4 230
Cash and cash equivalents (note 20) 23 690 20 630
Current tax receivables 86 15
Other assets (note 14) 555 456
Total assets 103 210 94 716
EQUITY AND LIABILITIES
Capital and other components of equity
Share capital 952 983
Other components of equity 834 1 119
Retained earnings 54 189 51 885
Equity attributable to owners of the parent 55 975 53 987
Non-controlling interests 15 275 14 563
Total equity 71 250 68 550
Non-current liabilities 25 555 20 351
Interest-bearing borrowings (note 15) 11 259 7 344
Lease liabilities (note 16) 675 334
Other payables (note 20) 11 40
Provisions (note 18) 3 681 3 359
Retirement employee obligations 191 181
Financial liabilities (note 20) 398 129
Deferred tax 9 301 8 926
Other liabilities (note 19) 39 38
Current liabilities 6 405 5 815
Interest-bearing borrowings (note 15) 938 876
Lease liabilities (note 16) 104 96
Trade and other payables (note 20) 3 897 3 351
Provisions (note 18) 355 282
Financial liabilities (note 20) 22 22
Current tax payables 77 214
Other liabilities (note 19) 1 012 974
Total liabilities 31 960 26 166
Total equity and liabilities 103 210 94 716