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    Interim results for the 6-months ended 31 Dec 2025

    Picture of Goldplat logoGoldplat
    18/03/2026 07:00
    RNS Number : 0469X

Goldplat plc

18 March 2026

 

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration

 

18 March 2026

Goldplat plc

('Goldplat' or the 'Company')

Interim results for the six-month period ended 31 December 2025

Goldplat Plc, (AIM:GDP) the AIM listed Mining Services Group, with international gold recovery operations located in South Africa and Ghana, servicing the African and South American Mining Industry, is pleased to announce its unaudited interim results for the six months ended 31 December 2025 ('H1 2025').

Goldplat continued to achieve strong profitable results for H1 2025. Highlights include:

· Strong operating profit for H1 2025 of £4,802,000 (H1 2024: £2,635,000);

· Revenue increased by 53% to £45,151,000 (H1 2024: £29,596,000) driven by strong supply in South Africa and a high average gold price;

· Net profit attributable to owners of the company grew 133% to £3,276,000 (H1 2024: £1,407,000);

· Fully diluted earnings per share for the six-month period more than doubled to 1.91 pence per share (H1 2024: 0.83 pence per share);

· The group net cash balance remained strong at £4,806,000 (30 June 2025: £6,088,000); and

· During the period the Company spent £629,505 (H1 2024: £861,480) on capital expenditure.

· Dividends declared during the 6-month period amounted to £350,000 (H1 2024: £nil)

 

Werner Klingenberg, CEO of Goldplat commented: "I am encouraged by the continued strong results achieved by the group (supported by good volumes and high gold price) and Group being in a position to start paying regular dividends.

We remain focussed on strengthening our control of the outcome on the TSF, maintaining and increasing market share, improving recoveries and margins in Ghana, unlocking potential in other precious metals in South Africa and maximising value from the current high gold price, whilst returning value to shareholders on a regular basis.

There is still significant work to be completed but all our efforts will create a more robust business providing a niche solution to the industry it operates in."

For further information visit www.goldplat.com, follow on X @GoldPlatGDP or contact:


    Werner KlingenbergGoldplat plc
    (CEO)    		Tel: +27 (0) 82 051 1071
    Colin Aaronson / Samantha Harrison / Ciara DonnellyGrant Thornton UK LLP
    (Nominated Adviser)    		Tel: +44 (0) 20 7383 5100
    Harry Ansell / James Bavister/ Andrew de AndradeZeus (Broker)Tel: +44 (0) 203 829 5000
    Tim Thompson / Mark Edwards / Fergus MellonFlagstaff Strategic and Investor CommunicationsTel: +44 (0) 207 129 1474
    goldplat@flagstaffcomms.com
    

 

 

 

 

 

 

 

 

 

Chairman's Statement

Goldplat plc's precious metals processing facilities combined continued to achieve good trading results for the half year ended 31 December 2025 (H1 2025).

Looking at the trading results of Goldplat plc ("the Company" or "Goldplat") and its subsidiaries, together referred to as "the Group", operating profit for the half year was £4,802,000 (H1 2024: £2,635,000 and FY 2025: £3,733,000). The increase was driven by an increase in revenue of 53% to £45,151,000 (H1 2024: £29,596,000) because of strong production of gold in South Africa and higher average gold price. The average gold price in United States Dollar for H1 2024 to H1 2025 increased by circa 49%.

As a result of the strong operational data, the profit for the period after tax increased to £3,510,000 (H1 2024: £1,478,000) and an all-in, fully diluted EPS for the half year of 1.91 pence (H1 2024: 0.83 pence).

The strong operational results were driven by increased supply in South Africa, which resulted in an increase in the income taxation percentage in South Africa. Further, due to the change in balance of where profits were generated in the Group (the previous year a greater percentage was made in Ghana which has a lower tax rate), the effective tax rate increased from 19.06% to 25.37%. As a result, the income tax for the period therefore increased to £1,193,000 (H1 2024: £348,000).

During the 6-month period the group had foreign exchange gain of £174,000, mainly because of gains experienced in South Africa on the back of a strengthening ZAR against the USD and GBP. During H1 2024, the Group experienced a foreign exchange loss of £ 476,000. All of these factors contributed to the Group generating a net profit of £3,510,000 (H1 2024: £1,478,000).

Dividends

During the period interim dividends of 0.0878 pence per share on 29 August 2025 and 0.1171 pence per share on 19 December 2025 were paid to shareholders respectively and after the period end, a further interim dividend of 0.14638 pence per share was paid to shareholders on 6 March 2026.

The total value of dividends paid over the period was £350,000, and over the las 8 months £600,000.

Working capital


    Goldplat
     Recovery    		Gold
     Recovery Ghana    		Gold
     Recovery Brazil    		Goldplat Group
    31 Dec '2530 Jun '2531 Dec '2530 Jun '2531 Dec '2530 Jun '2531 Dec '2530 Jun '25
    £'000£'000£'000£'000£'000£'000£'000£'000
    Inventory6,6715,9638,7858,8571,5785717,03414,878
    Trade and other receivables14,8109,5213,801733(35)(5)18,28010,554
    Trade and other payables5,23510,51715,7185,6321,59731322,77117,497
    Cash and cash equivalents1,3021,5503,1834,242217334,8066,088
    

Cash and cash equivalents at the end of the period decreased to £4,806,000 (30 June 2025: £6,088,000) due to large trade payables outstanding on 30 June 2025 being settled during the period.

Trade and other receivables as well as trade and other payables increased from 30 June 2025 due to the increase in supply in South Africa. Trade and other receivables also increased as a result of Ghana delivering bullion just before the period end. The increase in inventory was driven to a large degree by Gold Recovery Brazil's acquisition of material before the period end which will be processed and sold during H2.

 

Goldplat Recovery (Pty) Ltd

Revenue increased by 174% to £28,405,000 (H1 2024: £10,367,000) driven by an increase of supply, from South America, a specific project in South Africa and the increase in the gold price. As a result, the operating profit for the period increased to £3,458,000 (H1 2024: £883,000).

As per our team's focus over the last couple of years, we have seen an increase in our share of the by-products market and with that an increase in volumes during Q2. These efforts, combined with solid gold recoveries from our low-grade circuits, supported by the high gold price, resulted in a good operating performance during Q2.

Although, in the short-term, the focus will be in extracting value from the current high gold price, in the longer term the aim is to find better visibility of supply through diversifying into other precious metals or other types of gold resources. In the interim, visibility of supply of low-grade soils for our milling circuits remains strong, with more than 12 months of material for processing on site and more under contract.

Gold Recovery Ghana

Revenue in Ghana during the period decreased from £18,614,000 (H1 2024) to £16,746,000 (H1:2025) as a result of H1 2024 still including sales from material exported based on previous business model. Based on the new business model, GRG had a good productive quarter, whilst focus remained on maximizing gold recoveries from material sourced, mainly from clients in Ghana.

Ghana's profit margin has been impacted by a number of batches where margins were affected by statistical errors in sampling and assaying. The procedure and processes in this regard have already been updated.

As a result of items mentioned above the profit from operating activities during the period decreased from £2,153,000 (H1 2024) to £1,259,000 (H1 2025).

As we have mentioned previously, the focus remains on optimizing the recovery through our local beneficiation plant and as a result GRG plans to invest a further £700,000 over the next six months to improve our processes to increase recovery and environmental management.

The local Ghana beneficiation requirement has impacted all aspects of our business, and we continue to review, update and change our process and procedures to manage risks and maximize margins.

Gold Recovery Brazil

We have spent close to £156,000 of the planned spend of £200,000 on the new plant to date. Spiral equipment was ordered and arrived in Brazil in January 2026.

Sourcing in South America was strong during the quarter with several new sourcing agreements in place and continues to be the focus of the local team.

We continue to receive material from our regular sources in South America with material being sent to Ghana and South Africa for processing. During Q2, a decision was made to send more material to South Africa while we reduce stock levels in Ghana through new processing methods.

Outlook

Our operations continue to build on its current strength with specific focus on:

•     to maintain our market share in South Africa and increase our client base in neighboring countries;

•     to reduce the cost of production, specifically on our CIL circuits in South Africa.

•     to agree commercial terms on the reprocessing of the TSF with DRDGOLD;

•     finalise the regulatory requirements to allow us to pump material through a pipeline to the DRDGOLD facility;

•     to identify interim measures to extract value from the TSF;

•     improve our recovery of gold through improving our local beneficiation processes in Ghana;

•     to develop land acquired in Brazil, and expand our service delivery, specifically on lower grade material in Brazil and elsewhere in South America; and

•     leveraging our strength and capabilities through the processing of other precious metals and commodities.

The Company will remain focused on sharing future cashflows with shareholders, specifically distributing surplus cash to shareholders where not required for growth in line with key initiatives or managing specific risks.

Gerard Kisbey Green

Chairman

18 March 2026

 

Statements of Financial Position


    Figures in £'000NotesUnaudited Group
    31 December 2025    		Audited
    Group
    30 June
    2025    		Unaudited Group
    31 December 2024
    Assets
    Non-current assets
    Property, plant and equipment47,0526,3846,073
    Right-of-use assets820773853
    Intangible assets54,6644,6644,664
    Investments in subsidiaries, joint ventures and associates6111
    Unlisted Investments111
    Receivable on Kilimapesa sale7--608
    Other loans and receivables8179119148
    Total non-current assets12,71711,94212,348
    Current assets
    Inventories917,03414,87815,056
    Trade and other receivables1018,28010,5547,391
    Receivable on Kilimapesa sale7--106
    Other loans and receivables8242221
    Cash and cash equivalents114,8066,0882,772
    Total current assets40,14431,54225,346
    Total assets52,86143,48437,694
    Equity and liabilities
    Equity
    Share capital121,7081,7081,678
    Share premium1211,62311,62311,562
    Capital Redemption Reserve12535353
    Retained income20,57417,64817,937
    Foreign exchange reserve(7,664)(8,204)(10,568)
    Total equity attributable to owners of the parent26,29422,82820,662
    Non-controlling interests1,1479481,016
    Total equity27,44123,77621,678
    Liabilities
    Non-current liabilities
    Provisions13783717723
    Deferred tax liabilities809441604
    Lease liabilities193240373
    Total non-current liabilities1,7851,3981,700
    Current liabilities
    Trade and other payables1422,77117,49713,726
    Current tax liabilities557560302
    Lease liabilities305251285
    Bank overdraft11223
    Total current liabilities23,63518,31014,316
    Total liabilities25,42019,70816,016
    Total equity and liabilities52,86143,48437,694
    

The notes below are an integral part of this condensed consolidated interim financial report.

 

Statements of Profit or Loss and Other Comprehensive Income


    Figures in £'000NotesUnaudited
    Group
    6 month
    period ended
    31 December
    2025    		Audited
    Group
    12 month
    period ended
    30 June
    2025    		Unaudited
    Group
    6 month
    period ended
    31 December
    2024
    Revenue45,15156,66729,596
    Cost of sales(38,575)(48,526)(25,240)
    Gross profit6,5768,1414,356
    Other income808083
    Administrative expenses(1,854)(4,488)(1,804)
    Profit from operating activities4,8023,7332,635
    Finance income8112864
    Finance costs(354)(489)(397)
    Foreign exchange174(1,401)(476)
    Profit before tax4,7031,9711,826
    Income tax expense15(1,193)(815)(348)
    Profit for the period3,5101,1561,478
    Profit for the period attributable to:
    Owners of Parent3,2761,0151,407
    Non-controlling interest23414171
    3,5101,1561,478
    Other comprehensive income net of tax
    Components of other comprehensive income that will be reclassified to profit or loss
    Exchange differences on translation relating to the parent
    Gains/(losses) on exchange differences on translation5402,232(132)
    Total Exchange differences on translation5402,232(132)
    Exchange differences relating to the
     non-controlling interest
    (Losses)/Gains on exchange differences on translation16(56)(74)
    Total other comprehensive income that will be reclassified to profit or loss5562,176(206)
    Total other comprehensive (expense)/income net of tax5562,176(206)
    Total comprehensive income4,0663,3321,272
    Comprehensive income attributable to:
    Comprehensive income, attributable to owners of parent3,2763,2471,275
    Comprehensive income, attributable to non‑controlling interests23485(3)
    3,5103,3321,272
    Earnings per share from continuing and discontinuing operations attributable to owners of the parent during the year
    Basic earnings per share
    Basic earnings per share161.950.600.84
    Diluted earnings per share
    Diluted earnings per share161.910.600.83
    

The notes below are an integral part of this condensed consolidated interim financial report.

 

Statements of Changes in Equity - Group


    CapitalForeignAttributableNon-
    ShareShareRedemptionexchangeRetainedto owners ofcontrolling
    Figures in £'000Capitalpremiumreservereserveincomethe parentinterestsTotal
    Balance at 1 July 20241,67811,56253(10,436)16,53019,3871,08020,467
    Changes in equity
    Profit for the year----1,0151,0151411,156
    Other comprehensive income---2,232-2,232(56)2,176
    Increase (decrease) due to adjustments----(9)(9)-(9)
    Total comprehensive income for the year---2,2321,0063,238853,323
    Non-controlling interests in subsidiary dividend------(217)(217)
    Funds received on the issue of equity3061---91-91
    Cost of share options issued----112112-112
    Audited Balance at 30 June 20251,70811,62353(8,204)17,64822,82894823,776
    

 


    CapitalForeignAttributableNon-
    ShareShareRedemptionexchangeRetainedto owners ofcontrolling
    Figures in £'000Capitalpremiumreservereserveincomethe parentinterestsTotal
    Balance at 1 July 20251,70811,62353(8,204)17,64822,82894823,776
    Changes in equity
    Profit for the year----3,2763,2762343,510
    Other comprehensive income---540-54016556
    Total comprehensive income for the year---5403,2763,8162504,066
    Dividends paid to shareholders----(350)(350)-(350)
    Non-controlling interests in subsidiary dividend------(51)(51)
    Unaudited Balance at 31 December 20251,70811,62353(7,664)20,57426,2941,14727,441
    

The notes below are an integral part of this condensed consolidated interim financial report.

 

Statements of Cash Flows


    Figures in £'000NotesUnaudited
    Group
    6 month
    period ended
    31 December
    2025    		Audited
    Group
    12 month
    period ended
    30 June
    2025    		Unaudited
    Group
    6 month
    period ended
    31 December
    2024
    Net cash flows from operations9487,215745
    Finance cost paid(25)(93)(106)
    Finance income received16199
    Income taxes paid(828)(1,127)(450)
    Net cash flows from operating activities1116,014198
    Cash flows used in investing activities
    Loan issued to group entities(45)--
    Purchase of property, plant and equipment(725)(1,533)(861)
    Dividends received2--
    Cash flows used in investing activities(768)(1,533)(861)
    Cash flows used in financing activities
    Repayment of capital portion of interest-bearing borrowings-(280)(296)
    Additional lease liabilities obtained107--
    Principal paid on lease liabilities(163)(482)(273)
    Payment of dividend to non-controlling interest(51)(217)(61)
    Dividend paid(350)--
    Funds received on the issue of equity-91-
    Cash flows used in financing activities(457)(888)(630)
    Net (decrease)/increase in cash and cash equivalents(1,114)3,593(1,293)
    Cash and cash equivalents at beginning of the period6,0863,8863,886
    Foreign exchange movement on opening balance(168)(1,393)176
    Cash and cash equivalents at end of the period114,8046,0862,769
    

The notes below are an integral part of this condensed consolidated interim financial report.

 

Notes to the Consolidated Financial Statements

1. General information

This condensed consolidated interim financial information does not comprise statutory accounts within the meaning of section 434 of the Companies Act 2006. Statutory accounts for the year ended 30 June 2025 were approved by the Board of Directors and have been delivered to the Registrar of Companies. The auditors report on those accounts: their report was unqualified, did not draw attention to any matters by way of emphasis and did not contain a statement under section 498(2) or (3) of the Companies Act 2006.

2. Basis of preparation

Statement of compliance

The interim consolidated financial statements have been prepared in accordance with IAS 34 Interim Financial Reporting and the AIM Rules for Companies and in accordance with the accounting policies of the consolidated financial statements for the year ended 30 June 2025. They do not include all disclosures that would otherwise be required in a complete set of financial statements and should be read in conjunction with the last annual report. The consolidated financial statements have been prepared in accordance with UK - adopted International Accounting Standards ("IAS") and the Companies Act 2006 as applicable to entities reporting in accordance with IAS; as applicable to entities reporting in accordance with IFRS.

Going concern

The directors have assessed that the group is able to continue in business for the foreseeable future with neither the intention nor the necessity of liquidation, ceasing trading or seeking protection from creditors pursuant to laws or regulations and thus have adopted the going concern basis in preparing these financial statements.

The assessment of the going concern assumption involves judgement, at a particular point in time, about the future outcome of events or conditions which are inherently uncertain. The judgement made by the directors included the availability of and the ability to secure material for processing at its plants in South Africa and Ghana, the impact of loss of key management, outlook of commodity prices and exchange rates in the short to medium term and changes to regulatory and licensing conditions.

3. Significant accounting policies

The accounting policies applied in this condensed consolidated interim financial report are the same as those applied in the Group's consolidated financial statements as at and for the year ended 30 June 2025.

4. Property, plant and equipment

During the six months ended 31 December 2025, the Group acquired assets with a cost, excluding capitalised borrowing costs, of £629,505 (six months ended 31 December 2024: £861,480; twelve months ended 30 June 2025: £1,533,000).

5. Intangible assets

Intangible assets at the end of the period relate only to goodwill which relate to the investment held in Gold Minerals Resources Limited. The balance is supported by the combined ongoing gold recovery operations in South Africa and Ghana. During the six months ended 31 December 2025 the goodwill balance has not been impaired (six months ended 31 December 2024: £nil; twelve months ended 30 June 2025: £nil).

6. Investments in subsidiaries, joint ventures and associates

The amounts included on the statements of financial position comprise the following:


    Figures in £'000Unaudited
    Group
    31 December
    2025    		Audited Group
    30 June
    2025    		Unaudited
    Group
    31 December
    2024
    Investment in joint ventures111
    

7. Receivable on Kilimapesa sale

Receivable on Kilimapesa sale incorporates the following balances:

The receivable relates to the 1% net smelter royalty on production of Kilimapesa up to a maximum of USD1,500,000.


    Figures in £'000Unaudited
    Group
    31 December
    2025    		Audited Group
    30 June
    2025    		Unaudited
    Group
    31 December
    2024
    Non-current assets--608
    Current assets--106
    --714
    

Other financial assets are recognised initially at the fair value, including transaction costs. The asset will subsequently be measured at fair value and are grouped into levels 1 to 3 based on the degree to which the fair value is observable. The financial assets from the Kilimapesa sale has unobservable inputs and is therefore included in level 3.

Included in the sales price of Kilimapesa is USD1,500,000 in future royalties based on the amount of gold sold by the purchaser.

The amount of gold ounces sold will be dependent on various factors including capital allocation, production and sales scheduling and capital availability on Kilimapesa mine. We used forecasts available in the market as at end of the year but actual results might vary.

8. Other loans and receivables

Other loans and receivables comprise the following balances


    Figures in £'000Unaudited
    Group
    31 December
    2025    		Audited Group
    30 June
    2025    		Unaudited
    Group
    31 December
    2024
    Aurelian Capital Proprietary Limited143127154
    Green Coal Technologies receivable601415
    203141169
    

The R6 million Aurelian vendor loan receivable has no fixed payment terms and is interest free. The 60 shares to which the loan relates are held by an agent in an escrow account. Title to the shares will only be released once the residual shares consideration has been discharged in full. The consideration for the shares is to be received in the form of distributions to be made and withheld by the company in lieu of the loan.

9. Inventories

Inventories comprise:


    Figures in £'000Unaudited
    Group
    31 December
    2025    		Audited Group
    30 June
    2025    		Unaudited
    Group
    31 December
    2024
    Raw materials1,6891,5901,965
    Consumable stores2,2621,9211,353
    Precious metals on hand and in process13,08311,36711,738
    17,03414,87815,056
    

Inventories are initially recognised at cost, and subsequently at the lower of cost and net realisable value. Cost comprises all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location and condition. Weighted average cost is used to determine the cost of ordinarily interchangeable items.

10. Trade and other receivables

Trade and other receivables comprise:


    Figures in £'000Unaudited
    Group
    31 December
    2025    		Audited Group
    30 June
    2025    		Unaudited
    Group
    31 December
    2024
    Trade receivables15,1808,1234,624
    Provision for impairment of receivables(27)(25)(28)
    Trade receivables - net15,1538,0984,596
    Sundry debtors111
    Prepaid expenses973143
    Other receivables2,3922,1822,541
    Value added tax637242210
    18,28010,5547,391
    

11. Cash and cash equivalents

11.1 Cash and cash equivalents included in current assets:


    Figures in £'000Unaudited
    Group
    31 December
    2025    		Audited Group
    30 June
    2025    		Unaudited
    Group
    31 December
    2024
    Cash
    Balances with banks4,8066,0882,772
    

11.2 Overdrawn cash and cash equivalents included in current liabilities


    Figures in £'000Unaudited
    Group
    31 December
    2025    		Audited Group
    30 June
    2025    		Unaudited
    Group
    31 December
    2024
    Bank overdrafts(2)(2)(3)
    

12. Share capital

Authorised and issued share capital


    Figures in £'000Unaudited
    Group
    31 December
    2025    		Audited Group
    30 June
    2025    		Unaudited
    Group
    31 December
    2024
    Issued
    Ordinary shares1,7081,7081,678
    1,7081,7081,678
    Share premium11,62311,62311,562
    13,33113,33113,240
    

13. Provisions

Provisions comprise:


    Figures in £'000Unaudited
    Group
    31 December
    2025    		Audited Group
    30 June
    2025    		Unaudited
    Group
    31 December
    2024
    Environmental obligation783717723
    

In terms of section 54 of the regulations of the Minerals Resource and Petroleum Act of 2002, in South Africa, a Quantum of Financial Provisioning is required for activities performed under the mining lease. Quantum of Financial Provisioning requires a detailed itemization of actual costs relating to the premature closure, decommissioning and final closure and post closure management. The Company makes use of an independent consultant to calculate the detail itemized actual current costs for rehabilitation and to evaluate any critical estimates and assumptions. The Quantum of Financial Provisioning has been approved by the Department of Minerals Resources in South Africa. The Company has insured the obligation and has ceded the proceeds from the policy to the Department of Minerals Resources.

14. Trade and other payables

Trade and other payables comprise:


    Figures in £'000Unaudited
    Group
    31 December
    2025    		Audited Group
    30 June
    2025    		Unaudited
    Group
    31 December
    2024
    Trade creditors4,6116,5273,179
    Anumso license accrual369369369
    Accrued liabilities13,3746,0018,334
    Invoice financing creditor4,4174,6001,844
    Total trade and other payables22,77117,49713,726
    

15. Income tax expense

Income tax expense is recognised based on management's best estimate of the weighted average annual income tax rate expected for the full financial year applied to the pre-tax income of the interim period. The tax charges for the period arises in South Africa, Ghana and on declaration of dividends from South Africa. The effective income tax rate in GPL was 25% (six months ended 31 December 2024: 7.73%), GRG was 25% (six months ended 31 December 2024: 15%) and the withholding tax rate on dividends declared was 5% (six months ended 31 December 2024: 5%).

16. Earnings per share

Basic earnings per share


    Figures in £'000Unaudited
    Group
    31 December
    2025    		Audited Group
    30 June
    2025    		Unaudited
    Group
    31 December
    2024
    The earnings and weighted average number of ordinary shares used in the calculation of basic earnings per share are as follows:
    Profit for the year attributable to owners of the company3,2761,0151,407
    Earnings used in the calculation of basic earnings per share for continuing operations3,2761,0151,407
    Weighted average number of ordinary shares used in the calculation of basic earnings per share ('000s)168,435168,435167,783
    Weighted average number of ordinary shares used in the calculation of diluted earnings per share ('000s)171,756169,106169,340
    

17. Segment information

17.1 Segment revenues


    Figures in £'000Total segment
    revenue
    Period ended 31 December 2025
    South African Recovery Operations28,405
    West African Recovery Operations16,746
    South American Recovery Operations494
    Administration and Other(494)
    Group revenue45,151
    Period ended 30 June 2025
    South African Recovery Operations22,349
    West African Recovery Operations34,318
    South American Recovery Operations1,330
    Administration and Other(1,330)
    Group revenue56,667
    Period ended 31 December 2024
    South African Recovery Operations10,367
    West African Recovery Operations18,614
    South American Recovery Operations616
    Administration and Other-
    29,596
    

17.2 Other incomes and expenses


    Figures in £'000DepreciationFinance
    cost    		Finance incomeSegment
    profit/(loss)
    before tax    		Taxation
    Year ended 31 December 2025
    South African Recovery Operations(320)(161)803,378(896)
    West African Recovery Operations(145)(21)-1,237(209)
    South American Recovery Operations(5)-(24)213(31)
    Administration-(15)(5)547(57)
    Intercompany trade and consolidation journals-14-(673)-
    Total other incomes and expenses(470)(183)514,702(1,193)
    Period ended 30 June 2025
    South African Recovery Operations(685)(292)2121,679(173)
    West African Recovery Operations(187)(1,437)(142)2,261(504)
    South American Recovery Operations(3)(1)5(39)(64)
    Administration-(84)94749(403)
    Intercompany trade and consolidation journals-(39)(78)(2,678)329
    Total other incomes and expenses(875)(1,853)911,972(815)
    Period ended 31 December 2024
    South African Recovery Operations(305)(126)113832(76)
    West African Recovery Operations(70)(620)(78)1,456(249)
    South American Recovery Operations--(1)163(37)
    Administration-(54)(35)409(315)
    Intercompany trade and consolidation journals-79(49)(1,034)329
    Total other incomes and expenses(375)(721)(50)1,826(348)
    Adjustment for movement in provisions66----
    

 

 

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