The summarised financial information set out below relates to the associates and JVs that are material to the group, and represents 100% of the entity's financial performance and position, as adjusted to reflect adjustments made by Exxaro when using the equity method.
| Associates | Joint venture | ||||
|
SIOC Rm |
RBCT Rm |
Black Mountain Rm |
Mafube Rm |
||
| Statements of comprehensive income | |||||
| For the year ended 31 December 2023 | |||||
| Revenue | 86 234 | 1 493 | 9 135 | 3 713 | |
| Operating expenses | (45 281) | (1 354) | (7 551) | (2 696) | |
| Net operating profit | 40 953 | 139 | 1 584 | 1 017 | |
| Finance income | 652 | 86 | 259 | ||
| Finance costs | (836) | (270) | (38) | (48) | |
| Profit/(loss) before tax | 40 769 | (131) | 1 632 | 1 228 | |
| Income tax (expense)/benefit | (10 909) | 35 | (353) | (333) | |
| Profit/(loss) for the year | 29 860 | (96) | 1 279 | 895 | |
| Other comprehensive income/(loss) | 1 036 | (1) | (11) | ||
| Total comprehensive income/(loss) for the year | 30 896 | (97) | 1 268 | 895 | |
| Dividends paid to Exxaro | 3 386 | 1 525 | |||
| Statements of financial position | |||||
| At 31 December 2023 | |||||
| Non-current assets | 59 941 | 22 319 | 13 033 | 3 915 | |
| Current assets | 38 938 | 643 | 1 250 | 1 680 | |
| Total assets | 98 879 | 22 962 | 14 283 | 5 595 | |
| Equity and liabilities | |||||
| Total equity | 68 337 | 19 627 | 8 703 | 3 843 | |
| Non-current liabilities | 16 092 | 2 181 | 3 880 | 1 179 | |
| Current liabilities | 14 450 | 1 154 | 1 700 | 573 | |
| Total equity and liabilities | 98 879 | 22 962 | 14 283 | 5 595 | |
| Included above in JVs: | |||||
| Cash and cash equivalents | 862 | ||||
| Depreciation and amortisation | 234 | ||||
| Associates | Joint venture | ||||
|
SIOC Rm |
RBCT Rm |
Black Mountain Rm |
Mafube Rm |
||
| Statements of comprehensive income | |||||
| For the year ended 31 December 2022 | |||||
| Revenue | 74 032 | 1 636 | 11 006 | 8 473 | |
| Operating expenses | (41 521) | (1 521) | (7 878) | (3 115) | |
| Impairment charges | (5 411) | ||||
| Net operating profit | 27 100 | 115 | 3 128 | 5 358 | |
| Finance income | 356 | 22 | 130 | ||
| Finance costs | (574) | (264) | (161) | (58) | |
| Profit/(loss) before tax | 26 882 | (149) | 2 989 | 5 430 | |
| Income tax (expense)/benefit | (7 108) | 49 | (764) | (1 491) | |
| Profit/(loss) for the year | 19 774 | (100) | 2 225 | 3 939 | |
| Other comprehensive income/(loss) | 712 | (4) | 18 | ||
| Total comprehensive income/(loss) for the year | 20 486 | (104) | 2 243 | 3 939 | |
| Dividends paid to Exxaro | 5 153 | 750 | |||
| Statements of financial position | |||||
| At 31 December 2022 | |||||
| Non-current assets | 52 405 | 22 568 | 10 183 | 3 859 | |
| Current assets | 30 458 | 553 | 2 975 | 4 092 | |
| Total assets | 82 863 | 23 121 | 13 158 | 7 951 | |
| Equity and liabilities | |||||
| Total equity | 53 865 | 19 724 | 7 435 | 5 998 | |
| Non-current liabilities | 13 517 | 2 274 | 4 066 | 1 213 | |
| Current liabilities | 15 481 | 1 123 | 1 657 | 740 | |
| Total equity and liabilities | 82 863 | 23 121 | 13 158 | 7 951 | |
| Included above in JVs: | |||||
| Cash and cash equivalents | 2 497 | ||||
| Depreciation and amortisation | 385 | ||||
IR