Exxaro Resources Limited
Group and company annual financial statements for the year ended 31 December 2025
|
Group |
Company |
|||||
|---|---|---|---|---|---|---|
|
At 31 December |
2025 Rm |
2024 Rm |
2025 Rm |
2024 Rm |
||
|
Non-current |
675 |
334 |
593 |
256 |
||
|
Current |
104 |
96 |
92 |
86 |
||
|
Total lease liabilities |
779 |
430 |
685 |
342 |
||
1 Refer note 16.3.3.3 for details of the undiscounted contractual cash flow maturities.
|
Group |
Company |
|||||
|---|---|---|---|---|---|---|
|
At 31 December |
Note |
2025 Rm |
2024 Rm |
2025 Rm |
2024 Rm |
|
|
Analysis of movement in lease liabilities |
||||||
|
At beginning of the year |
430 |
451 |
342 |
383 |
||
|
New leases |
13 |
3 |
|
|
||
|
Lease remeasurement adjustments1 |
403 |
26 |
399 |
6 |
||
|
Disposal of subsidiary |
(5) |
|
|
|
||
|
Capital repayments |
(62) |
(50) |
(56) |
(47) |
||
|
– Lease payments |
(104) |
(96) |
(88) |
(85) |
||
|
– Interest charges |
42 |
46 |
32 |
38 |
||
|
At end of the year |
779 |
430 |
685 |
342 |
||
1 Relates mainly to the inclusion of a five-year lease extension option in the measurement of the conneXXion lease (refer note 11.2(b)). The revised interest rate for the remaining term is 8.92%.