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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

Octodec

OCT · A2X Markets · Incorporated in South Africa · Consolidated statements

On this page
Company details
Legal name
Octodec Investments Limited
Incorporated in
South Africa
Listing
OCT on the A2X Markets, active · ISIN ZAE000192258 (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 August

Overview

Year ended 31 August 2024 · audited financial statements, final status not established · source

Read with these figures

  • Audited financial statements not confirmed as final. The published copy is unsigned. The FY to 31 Aug 2024 figures come from it.
  • Auditor's emphasis of matter. Key audit matter: valuation of investment properties (note 5) (p11).
Full wording and sources

  • Audited financial statements for 2024: final status not established

    The independent auditor's report (Ernst & Young Inc, unmodified, PDF pp10-12) closes with the typeset 'Ernst & Young Inc / Per Director – Cornelius Alwyn Els / Registered Auditor / 21 November 2024 / 102 Rivonia Road Sandton' with no handwritten or script signature (p12, page image). The directors' approval of 20 November 2024 shows the typeset names Sharon Wapnick (Chairman) and Jeffrey Wapnick (CEO), unsigned (p3, page image). Audit report dated but not visibly signed.

    Source: Octodec Investments Limited Consolidated annual financial statements 2024 (dated 2024-11-21)

  • Auditor's emphasis of matter

    Key audit matter: valuation of investment properties (note 5) (p11). No emphasis-of-matter or material-uncertainty paragraph.

    Source: Octodec Investments Limited Consolidated annual financial statements 2024 (dated 2024-11-21)

  • Revenue

    ZAR 2.08 billion

    2,076,143 ZAR thousands · p13

    +4.7% vs 2023

  • Operating profit / (loss)

    ZAR 607 million

    606,741 ZAR thousands · p13

    −40.0% vs 2023

  • Profit / (loss) for the year

    ZAR 216 million

    215,979 ZAR thousands · p13

    −64.6% vs 2023

  • Total assets

    ZAR 11.4 billion

    11,403,967 ZAR thousands · p13

    −0.8% vs 2023

  • Total equity

    ZAR 6.42 billion

    6,416,238 ZAR thousands · p13

    −2.2% vs 2023

  • Cash from operations

    ZAR 73.2 million

    73,207 ZAR thousands · p14

    −1.7% vs 2023

Large amounts are rounded for reading (ZAR million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in ZAR thousands unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY to 31 Aug 2024 — audited financial statements, final status not established; reported for the year · source
  • FY to 31 Aug 2023 — audited financial statements, final status not established; comparative in the FY to 31 Aug 2024 filing · source

Income statement

Income statement, ZAR thousands. Columns: FY to 31 Aug 2024 — audited financial statements (final status not established), as reported for the year; FY to 31 Aug 2023 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2024.
Line (as printed) FY to 31 Aug 2024Audited financial statementsreported for the yearFY to 31 Aug 2023Audited financial statementscomparative in FY to 31 Aug 2024 filing
Rental earned on a contractual basis and recoveries1 2,076,366 1,995,095
Straight-line rental income accrual2 295 (12,558)
Rental concession relating to the gas explosion3 (518) –4
Revenue 2,076,143 1,982,537
Sundry income 570 12,329
Property expenses5 (1,104,994) (1,030,480)
utility accrual (44,098) (36,638)
Net property income6 927,621 927,748
Administrative and corporate expenses (111,339) (102,664)
Fair value changes7 (215,371) 186,349
Investment property8 (161,526) 179,055
Derivative financial instruments9 (52,472) 10,500
Disposal of investment property10 (1,373) (3,206)
Profit on disposal of movable assets11 –12 142
Share of income/(loss) from joint venture 5,830 (288)
Profit before finance costs 606,741 1,011,287
Net finance costs13 (395,392) (381,759)
Finance income 16,734 13,256
Finance costs (412,126) (395,015)
Profit before taxation 211,349 629,528
Taxation 4,630 (19,065)
attributable to shareholders 215,979 610,463
  1. Printed “–”, read as nil: subtotal_arithmetic: is.revenue.
  2. Printed “–”, read as nil: subtotal_arithmetic: is.operating_profit.
Notes and alternative reported figures (11)
  1. “Rental earned on a contractual basis and recoveries” is an issuer-specific line, not mapped to a shared definition: Component of revenue (note 17.1).
  2. “Straight-line rental income accrual” is an issuer-specific line, not mapped to a shared definition: Component of revenue.
  3. “Rental concession relating to the gas explosion” is an issuer-specific line, not mapped to a shared definition: Component of revenue (2024 only).
  4. “Property expenses” is an issuer-specific line, not mapped to a shared definition: Note 18.
  5. “Net property income” is an issuer-specific line, not mapped to a shared definition: Printed subtotal.
  6. “Fair value changes” is an issuer-specific line, not mapped to a shared definition: Printed subtotal of the three lines below it.
  7. “Investment property” is an issuer-specific line, not mapped to a shared definition: Note 5.
  8. “Derivative financial instruments” is an issuer-specific line, not mapped to a shared definition: Note 31.2.
  9. “Disposal of investment property” is an issuer-specific line, not mapped to a shared definition: Loss on disposal of investment property.
  10. “Profit on disposal of movable assets” is an issuer-specific line, not mapped to a shared definition: Within profit before finance costs.
  11. “Net finance costs” is an issuer-specific line, not mapped to a shared definition: Note 21: printed subtotal of finance income and finance costs.

Balance sheet

Balance sheet, ZAR thousands. Columns: FY to 31 Aug 2024 — audited financial statements (final status not established), as reported for the year; FY to 31 Aug 2023 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2024.
Line (as printed) FY to 31 Aug 2024Audited financial statementsreported for the yearFY to 31 Aug 2023Audited financial statementscomparative in FY to 31 Aug 2024 filing
Non-current assets 10,565,679 11,096,877
Investment property1 10,396,215 10,905,950
Straight-line rental income accrual2 74,217 88,584
Unamortised tenant installations and lease costs3 45,268 46,066
Investment property at fair value 10,515,700 11,040,600
Furniture, fittings and equipment 3,230 1,536
Interest in and loan to joint venture4 46,749 44,356
Derivative financial instruments5 –6 10,385
Current assets 268,088 343,542
Accounts receivable and prepayments 186,808 178,562
Derivative financial instruments 11,173 51,267
Taxation receivable 934 –7
Cash and bank balances 69,173 113,713
Non-current assets held for sale8 570,200 50,100
Total assets 11,403,967 11,490,519
Equity 6,416,238 6,559,626
Stated capital 4,210,134 4,210,134
Non-distributable reserve9 1,287,406 1,493,585
Retained income 918,698 855,907
Non-current liabilities 3,041,694 4,234,529
Long-term borrowings 2,881,690 4,068,493
Derivative financial instruments 1,993 –10
Lease liabilities 10,868 10,901
Deferred taxation 147,143 155,135
Current liabilities 1,946,035 696,364
Short-term borrowings 1,527,476 277,463
Trade and other payables 418,357 416,327
Lease liabilities 32 29
Taxation payable 170 2,545
Total equity and liabilities 11,403,967 11,490,519
  1. Printed “–”, read as nil: subtotal_arithmetic: bs.non_current_assets.
  2. Printed “–”, read as nil: subtotal_arithmetic: bs.current_assets.
  3. Printed “–”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
Notes and alternative reported figures (7)
  1. “Investment property” is an issuer-specific line, not mapped to a shared definition: Note 5: the first component of 'Investment property at fair value'.
  2. “Straight-line rental income accrual” is an issuer-specific line, not mapped to a shared definition: Note 5: component of investment property at fair value.
  3. “Unamortised tenant installations and lease costs” is an issuer-specific line, not mapped to a shared definition: Note 5: component of investment property at fair value.
  4. “Interest in and loan to joint venture” is an issuer-specific line, not mapped to a shared definition: Note 7: equity interest and loan combined.
  5. “Derivative financial instruments” is an issuer-specific line, not mapped to a shared definition: Note 13.
  6. “Non-current assets held for sale” is an issuer-specific line, not mapped to a shared definition: Note 5: investment property held for sale, printed below current assets and outside their total.
  7. “Non-distributable reserve” is an issuer-specific line, not mapped to a shared definition: Note 11: fair value gains and deferred tax transferred from retained income.

Cash flow

Cash flow, ZAR thousands. Columns: FY to 31 Aug 2024 — audited financial statements (final status not established), as reported for the year; FY to 31 Aug 2023 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2024.
Line (as printed) FY to 31 Aug 2024Audited financial statementsreported for the yearFY to 31 Aug 2023Audited financial statementscomparative in FY to 31 Aug 2024 filing
Cash generated from operations 835,410 862,578
Interest received 16,734 13,256
Finance costs paid (412,899) (428,369)
Dividends paid (359,367) (372,677)
Taxation paid (6,671) (287)
Net cash flows from operating activities 73,207 74,501
Additions to investment property1 (154,735) (123,870)
Acquisition of furniture, fittings and equipment (2,480) (880)
Increase in tenant installation and lease costs2 (37,050) (4,309)
Proceeds on disposal of investment property3 13,767 109,359
Proceeds from disposal of movable assets –4 142
Loan advanced to joint venture5 (4,237) –4
Payment received on loan to joint venture6 7,674 3,117
Net cash flows from investing activities (177,061) (16,441)
Proceeds from borrowings 129,344 2,559,656
Repayment of borrowings (70,000) (2,570,528)
Repayment of lease liabilities (30) (29)
Net cash flows from financing activities 59,314 (10,901)
Net (decrease)/increase in cash and bank balances (44,540) 47,159
Cash and bank balances at the beginning of the year 113,713 66,554
Cash and bank balances at the end of the year 69,173 113,713
  1. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
Notes and alternative reported figures (5)
  1. “Additions to investment property” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  2. “Increase in tenant installation and lease costs” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  3. “Proceeds on disposal of investment property” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  4. “Loan advanced to joint venture” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  5. “Payment received on loan to joint venture” is an issuer-specific line, not mapped to a shared definition: Investing activities.

Per share and shares

Per share and shares. Columns: FY to 31 Aug 2024 — audited financial statements (final status not established), as reported for the year; FY to 31 Aug 2023 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2024.
Line (as printed) FY to 31 Aug 2024Audited financial statementsreported for the yearFY to 31 Aug 2023Audited financial statementscomparative in FY to 31 Aug 2024 filing
Earnings / (loss) per share (per share)3 0.8111 2.2932
Weighted average shares (shares)4 266,198 thousand 266,198 thousand
Shares in issue at year end (shares)5 266,198 thousand 266,198 thousand
  1. Printed as 81.1 cents; value converted to ZAR at 100 cents = 1 ZAR.
  2. Printed as 229.3 cents; value converted to ZAR at 100 cents = 1 ZAR.
Notes and alternative reported figures (3)
  1. Earnings / (loss) per share: printed as “Basic and diluted profit per share (cents)”.
  2. Weighted average shares: printed as “Weighted number of shares in issue – (’000)”.
  3. Shares in issue at year end: printed as “Number of shares in issue (’000)”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
31 Aug 2024 Dividends paid (cash flow statement) Dividends paid (359,367) ZAR thousands Audited financial statements, p14
31 Aug 2023 Dividends paid (cash flow statement) Dividends paid (372,677) ZAR thousands Audited financial statements, p14

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • Octodec Investments Limited Consolidated annual financial statements 2024

    Year ended 31 August 2024 · Audited financial statements · final status not established

    Audit: Ernst & Young Inc (Director: Cornelius Alwyn Els), unmodified opinion

    Auditor's sign-off: Ernst & Young Inc, Per Director – Cornelius Alwyn Els, Registered Auditor

    Final status: The independent auditor's report (Ernst & Young Inc, unmodified, PDF pp10-12) closes with the typeset 'Ernst & Young Inc / Per Director – Cornelius Alwyn Els / Registered Auditor / 21 November 2024 / 102 Rivonia Road Sandton' with no handwritten or script signature (p12, page image). The directors' approval of 20 November 2024 shows the typeset names Sharon Wapnick (Chairman) and Jeffrey Wapnick (CEO), unsigned (p3, page image). Audit report dated but not visibly signed.

    Document date
    21 Nov 2024
    Auditor's report
    21 Nov 2024
    Board approval
    20 Nov 2024
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 31 Aug 2024, FY to 31 Aug 2023
    Basis
    consolidated statements · ZAR thousands (printed “R’000”)
    • Retained income at 31 August 2024 is printed 918 698 in the statement of financial position (p13) and 918 699 in the statement of changes in equity (p14); the balance-sheet figure is transcribed.
    • Subtotals (non-current assets, current assets, equity, non-current and current liabilities) are printed above their lines. Non-current assets held for sale (570 200; 2023: 50 100) are printed below current assets and outside their total; total assets = non-current + current + held for sale (p13). No total liabilities line is printed. No other comprehensive income: the line is 'Profit for the year and total comprehensive income attributable to shareholders' (p13). Dividends paid are presented within operating activities (p14).
    • Taxation receivable and taxation payable both print note 23 before the amounts ('23 934 –', '23 170 2 545'): the amounts are 934 (2023: nil) and 170 (2023: 2 545) (p13).
    Technical details
    File
    61 pages, with a text layer
    SHA-256
    cea4f38dad0f159fdda020130e13d97b7072dd3a72e49b87979fe3e4320fd2ed
    Entity as printed
    Octodec Investments Limited (Registration number: 1956/002868/06; JSE share code OCT; ISIN ZAE000192258) (PDF p60)
    Issuer copy
    retrieved 2026-10-08T18:52:09Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

South Africa country page · Company methodology and coverage