Key highlights

Group financial performance

Revenue
R22.1 billion
up 7%
Cash generated by operations
R6.1 billion
up 15%
Headline earnings
R13.77 per share
down 20%

Interim cash dividend
R7.00 per share
down 17%
Adjusted equity-accounted income
														
R1.4 billion
down 39%
Attributable earnings
R13.95 per share
down 19%

EBITDA of R5.6 billion,
															essentially flat despite inflationary
															pressures, reflecting the defensive nature of our coal and
															renewable energy businesses

Sustainability

LTIFR of 0.02, improved by 60%

											Four consecutive years without a work-related fatality (as at 15 Auguust
											2026)
										

											LSP delivering green energy, driving down carbon emissions and energy
											intensity
										

											Carbon and energy intensity improved by 3% and 1% to 4.57tCO2e/kTTM
											and 30.52GJ/kt, respectively
										

Belfast IWUL approved to support the extension of LoM

											Social investments of R1.4 billion and maintained

											Level 2 B-BBEE contributor status

Operational performance

Coal production volumes
21.5Mt
up 11%
Coal export sales volumes
3.9Mt
up 15%

Coal sales volumes
19.9Mt
up 4%
Coal cash cost per tonne
														
R681
up 4.6% broadly in line with
															inflation

Renewable energy generation 378GWh, up 12%

Value distribution (Rm)

Salaries, wages and benefits

Employees’ tax

Payments to government: taxation contribution

Cost of financing

Cash dividend paid

Dividend paid to NCI

Community investments and volunteerism

GreenShare employee scheme