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Padenga
On this page
Company details
- Legal name
- Padenga Holdings Limited
- Listing
- PHL.VX on the Victoria Falls Stock Exchange, active · ISIN ZWVX09010013 (observed 2026-10-08)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2025 · published summary of audited statements, final status not established · source
Read with these figures
- Auditor's report on the full statements, year to 2025-12-31: modified opinion (not a report on this summary). The summary reports a qualified opinion by KPMG on the full consolidated statements (comparatives, IAS 21 / IAS 8); it is not an opinion on the summary, and no auditor's report is reproduced.
- Published summary of audited statements not confirmed as final. The published copy is not confirmed as the final version. The FY2025 figures come from it.
Full wording and sources
Auditor's report on the full statements, year to 2025-12-31: modified opinion (not a report on this summary)
Underlying full consolidated statements (not the summary), as the directors report it (the auditor's report itself is not printed): qualified opinion 'because of the possible effect, on the comparative figures, of the issue from prior years relating to non-compliance with ... IAS 21 ... and the inappropriate application of IAS 8' (PDF p2).
Source: Audited Condensed Consolidated Group Financial Results for the year ended 31 December 2025 (dated 2026-03-30)
Auditor's report on the full statements, year to 2023-12-31: modified opinion (not a report on this summary)
Basis for qualified opinion (on the full consolidated statements, not the summary; PDF p11-13): (1) IAS 21 / IAS 8: foreign-currency translation at the interbank rate from 22 February 2019 to 22 June 2020 and a subsidiary's (Dallaglio) incorrect functional-currency change date; misstatement unquantified, affecting opening balances of property, plant and equipment, deferred tax, depreciation and income tax; (2) IFRS 3: no at-acquisition fair values for Dallaglio (acquired 1 January 2020), so property, plant and equipment, goodwill and non-controlling interests opening balances remain misstated; (3) IAS 37 / IAS 16 / IAS 8: mine rehabilitation provisions based on the life-of-mine closure plan, and separately recognised rehabilitation assets (US$1 465 126; 2022: US$1 532 414), affecting current and comparative amounts.
Source: Audited Condensed Consolidated Financial Results for the year ended 31 December 2023 (dated 2024-03-26)
Published summary of audited statements for 2025: final status not established
Published by the company on its website ('The Directors are pleased to present the Audited Condensed Consolidated Group Financial Results', p2-p3; chairman's statement dated 30 March 2026, p2). No auditor's report on the summary or on the full statements is printed: the 'External Auditor's Statement' (p2) is the directors' statement that the full consolidated statements were audited by KPMG with a qualified opinion. No board approval date of the statements is printed.
Source: Audited Condensed Consolidated Group Financial Results for the year ended 31 December 2025 (dated 2026-03-30)
2025, 2024: figures from a published summary
These columns come from a summary of the audited statements, not the full audited financial statements. 'These condensed financial results should be read in conjunction with the complete set of consolidated financial statements for the year ended 31 December 2025, which have been audited by KPMG Chartered Accountants (Zimbabwe)'; 'the consolidated financial statements (from which these results were extracted)' (External Auditor's Statement, p2); 'the Group's consolidated financial statements of which this publication represents an extract' (Directors' Responsibility, p2) No auditor's report is printed. 'External Auditor's Statement' (p2): 'These condensed financial results should be read in conjunction with the complete set of consolidated financial statements for the year ended 31 December 2025, which have been audited by KPMG Chartered Accountants (Zimbabwe), who expressed a qualified audit opinion because of the possible effect, on the comparative figures, of the issue from prior years relating to non-compliance with International Financial Reporting Standards IAS 21, The Effects of Changes in Foreign Exchange Rates and the inappropriate application of IAS 8, Accounting Policies, Changes in Accounting Estimates and Errors.' Key audit matters: existence of mines inventories (ore stockpiles) and valuation of biological assets. The auditor's report 'is available for inspection at the Company's registered office and is posted on the Company's website'; engagement partner Michael de Beer (PAAB 0369). Condensed consolidated statement of profit or loss and OCI, statement of financial position (with a restated 1 January 2024 column, not transcribed) and statement of cash flows (with non-cash adjustments and working capital lines, not transcribed) (p3); statement of changes in equity and notes, including segment information, the restatement (note 15) and the discontinued crocodile operation (note 13) (pp4-6). Only consolidated figures are printed.
Source: Audited Condensed Consolidated Group Financial Results for the year ended 31 December 2025 (dated 2026-03-30)
Published summary of audited statements for 2023: final status not established
Summary publication of the company ('The Directors are pleased to present the Audited Condensed Consolidated Financial Results', p3-p5; chairman's statement signed and dated 26 March 2024, p3; consolidated financial statements authorised for issue by the Directors on 22 March 2024, note 1, p5). No auditor's report on the summary is printed. The appended Independent Auditors' Report (PDF p11-16), signed 'KPMG' by hand above Michael de Beer, 26 March 2024, is a QUALIFIED opinion on the full consolidated financial statements ('set out on pages 13 to 79', not in this document), not on this summary.
Source: Audited Condensed Consolidated Financial Results for the year ended 31 December 2023 (dated 2024-03-26)
2023, 2022: figures from a published summary
These columns come from a summary of the audited statements, not the full audited financial statements. 'The Company's Directors are responsible for the preparation and fair presentation of the Group's financial statements, of which this publication represents an extract' (Directors' Responsibility, p3); 'The auditor's independent report on the consolidated financial statements (from which these results were extracted)' (Auditor's Statement, p3) No auditor's report on the summary is printed. 'Auditor's Statement' (p3): 'These condensed consolidated financial results should be read in conjunction with the complete set of consolidated financial statements for the year ended 31 December 2023, which have been audited by KPMG Chartered Accountants (Zimbabwe), who expressed a qualified audit opinion arising from continuing issues from prior years relating to non-compliance with IAS 21 ..., non-compliance with IAS 37 ... in the prior year ..., non-compliance with IFRS 3, Business Combinations ...'; 'The auditor's independent report on the consolidated financial statements (from which these results were extracted) is available for inspection at the Company's registered office'. The document appends KPMG's signed report on the full statements (PDF p11-16; qualified; Michael de Beer, PAAB 0369, 26 March 2024). Condensed consolidated statement of profit or loss and OCI, statement of financial position (with a restated 1 January 2022 column, not transcribed) and statement of cash flows (non-cash adjustments and working-capital lines not transcribed) (p4); statement of changes in equity and notes (p5-10). Headline and continuing-operations EPS lines are printed but not transcribed. Only consolidated figures are printed.
Source: Audited Condensed Consolidated Financial Results for the year ended 31 December 2023 (dated 2024-03-26)
-
Revenue
USD 266 million
265,816,548 USD units · p3
+25.8% vs 2024
-
Operating profit / (loss)
USD 100 million
100,474,142 USD units · p3
+102.8% vs 2024
-
Profit / (loss) for the year
USD 57.0 million
57,034,154 USD units · p3
+35.8% vs 2024
-
Total assets
USD 251 million
250,641,411 USD units · p3
+5.9% vs 2024
-
Total equity
USD 165 million
164,972,451 USD units · p3
+32.2% vs 2024
-
Cash from operations
USD 88.1 million
88,148,821 USD units · p3
+82.6% vs 2024
Large amounts are rounded for reading (USD 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 USD units 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
- FY2025 — published summary of audited statements (summary), final status not established; reported for the year · source
- FY2024 — published summary of audited statements (summary), final status not established; comparative in the FY2025 filing · source
- 2025, 2024: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. 'These condensed financial results should be read in conjunction with the complete set of consolidated financial statements for the year ended 31 December 2025, which have been audited by KPMG Chartered Accountants (Zimbabwe)'; 'the consolidated financial statements (from which these results were extracted)' (External Auditor's Statement, p2); 'the Group's consolidated financial statements of which this publication represents an extract' (Directors' Responsibility, p2) No auditor's report is printed. 'External Auditor's Statement' (p2): 'These condensed financial results should be read in conjunction with the complete set of consolidated financial statements for the year ended 31 December 2025, which have been audited by KPMG Chartered Accountants (Zimbabwe), who expressed a qualified audit opinion because of the possible effect, on the comparative figures, of the issue from prior years relating to non-compliance with International Financial Reporting Standards IAS 21, The Effects of Changes in Foreign Exchange Rates and the inappropriate application of IAS 8, Accounting Policies, Changes in Accounting Estimates and Errors.' Key audit matters: existence of mines inventories (ore stockpiles) and valuation of biological assets. The auditor's report 'is available for inspection at the Company's registered office and is posted on the Company's website'; engagement partner Michael de Beer (PAAB 0369). Condensed consolidated statement of profit or loss and OCI, statement of financial position (with a restated 1 January 2024 column, not transcribed) and statement of cash flows (with non-cash adjustments and working capital lines, not transcribed) (p3); statement of changes in equity and notes, including segment information, the restatement (note 15) and the discontinued crocodile operation (note 13) (pp4-6). Only consolidated figures are printed.
- FY2023 — published summary of audited statements (summary), final status not established; reported for the year · source
- Auditor's report on the full statements, year to 2023-12-31: modified opinion (not a report on this summary). Basis for qualified opinion (on the full consolidated statements, not the summary; PDF p11-13): (1) IAS 21 / IAS 8: foreign-currency translation at the interbank rate from 22 February 2019 to 22 June 2020 and a subsidiary's (Dallaglio) incorrect functional-currency change date; misstatement unquantified, affecting opening balances of property, plant and equipment, deferred tax, depreciation and income tax; (2) IFRS 3: no at-acquisition fair values for Dallaglio (acquired 1 January 2020), so property, plant and equipment, goodwill and non-controlling interests opening balances remain misstated; (3) IAS 37 / IAS 16 / IAS 8: mine rehabilitation provisions based on the life-of-mine closure plan, and separately recognised rehabilitation assets (US$1 465 126; 2022: US$1 532 414), affecting current and comparative amounts.
- Published summary of audited statements for 2023: final status not established. Summary publication of the company ('The Directors are pleased to present the Audited Condensed Consolidated Financial Results', p3-p5; chairman's statement signed and dated 26 March 2024, p3; consolidated financial statements authorised for issue by the Directors on 22 March 2024, note 1, p5). No auditor's report on the summary is printed. The appended Independent Auditors' Report (PDF p11-16), signed 'KPMG' by hand above Michael de Beer, 26 March 2024, is a QUALIFIED opinion on the full consolidated financial statements ('set out on pages 13 to 79', not in this document), not on this summary.
- 2023, 2022: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. 'The Company's Directors are responsible for the preparation and fair presentation of the Group's financial statements, of which this publication represents an extract' (Directors' Responsibility, p3); 'The auditor's independent report on the consolidated financial statements (from which these results were extracted)' (Auditor's Statement, p3) No auditor's report on the summary is printed. 'Auditor's Statement' (p3): 'These condensed consolidated financial results should be read in conjunction with the complete set of consolidated financial statements for the year ended 31 December 2023, which have been audited by KPMG Chartered Accountants (Zimbabwe), who expressed a qualified audit opinion arising from continuing issues from prior years relating to non-compliance with IAS 21 ..., non-compliance with IAS 37 ... in the prior year ..., non-compliance with IFRS 3, Business Combinations ...'; 'The auditor's independent report on the consolidated financial statements (from which these results were extracted) is available for inspection at the Company's registered office'. The document appends KPMG's signed report on the full statements (PDF p11-16; qualified; Michael de Beer, PAAB 0369, 26 March 2024). Condensed consolidated statement of profit or loss and OCI, statement of financial position (with a restated 1 January 2022 column, not transcribed) and statement of cash flows (non-cash adjustments and working-capital lines not transcribed) (p4); statement of changes in equity and notes (p5-10). Headline and continuing-operations EPS lines are printed but not transcribed. Only consolidated figures are printed.
- FY2022 — published summary of audited statements (summary), final status not established; comparative in the FY2023 filing · source
- Auditor's report on the full statements, year to 2023-12-31: modified opinion (not a report on this summary). Basis for qualified opinion (on the full consolidated statements, not the summary; PDF p11-13): (1) IAS 21 / IAS 8: foreign-currency translation at the interbank rate from 22 February 2019 to 22 June 2020 and a subsidiary's (Dallaglio) incorrect functional-currency change date; misstatement unquantified, affecting opening balances of property, plant and equipment, deferred tax, depreciation and income tax; (2) IFRS 3: no at-acquisition fair values for Dallaglio (acquired 1 January 2020), so property, plant and equipment, goodwill and non-controlling interests opening balances remain misstated; (3) IAS 37 / IAS 16 / IAS 8: mine rehabilitation provisions based on the life-of-mine closure plan, and separately recognised rehabilitation assets (US$1 465 126; 2022: US$1 532 414), affecting current and comparative amounts.
- Published summary of audited statements for 2023: final status not established. Summary publication of the company ('The Directors are pleased to present the Audited Condensed Consolidated Financial Results', p3-p5; chairman's statement signed and dated 26 March 2024, p3; consolidated financial statements authorised for issue by the Directors on 22 March 2024, note 1, p5). No auditor's report on the summary is printed. The appended Independent Auditors' Report (PDF p11-16), signed 'KPMG' by hand above Michael de Beer, 26 March 2024, is a QUALIFIED opinion on the full consolidated financial statements ('set out on pages 13 to 79', not in this document), not on this summary.
- 2023, 2022: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. 'The Company's Directors are responsible for the preparation and fair presentation of the Group's financial statements, of which this publication represents an extract' (Directors' Responsibility, p3); 'The auditor's independent report on the consolidated financial statements (from which these results were extracted)' (Auditor's Statement, p3) No auditor's report on the summary is printed. 'Auditor's Statement' (p3): 'These condensed consolidated financial results should be read in conjunction with the complete set of consolidated financial statements for the year ended 31 December 2023, which have been audited by KPMG Chartered Accountants (Zimbabwe), who expressed a qualified audit opinion arising from continuing issues from prior years relating to non-compliance with IAS 21 ..., non-compliance with IAS 37 ... in the prior year ..., non-compliance with IFRS 3, Business Combinations ...'; 'The auditor's independent report on the consolidated financial statements (from which these results were extracted) is available for inspection at the Company's registered office'. The document appends KPMG's signed report on the full statements (PDF p11-16; qualified; Michael de Beer, PAAB 0369, 26 March 2024). Condensed consolidated statement of profit or loss and OCI, statement of financial position (with a restated 1 January 2022 column, not transcribed) and statement of cash flows (non-cash adjustments and working-capital lines not transcribed) (p4); statement of changes in equity and notes (p5-10). Headline and continuing-operations EPS lines are printed but not transcribed. Only consolidated figures are printed.
Income statement
| Line (as printed) | FY2025Published summary of audited statements (summary)reported for the year | FY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations | FY2023Published summary of audited statements (summary)reported for the yearsource limitations | FY2022Published summary of audited statements (summary)comparative in FY2023 filingsource limitations |
|---|---|---|---|---|
| Revenue1 | 265,816,548 | 211,364,298 | 155,575,305 | 127,894,086 |
| Other income | 5,447,207 | 3,688,711 | 536,130 | 269,632 |
| Financial loss23 | (1,306,845) | (2,919,774) | (4,400,235) | 10,830,563 |
| mpairment gain on trade receivables4 | 3,444 | 458 | (1,421) | 440 |
| Cost of goods sold | (113,194,877) | (109,024,252) | (88,528,846) | (72,662,083) |
| Employee benefits expense | (22,520,188) | (19,330,600) | (18,133,148) | (15,112,929) |
| Other operating costs | (21,219,187) | (18,233,723) | (18,356,335) | (18,937,671) |
| Depreciation - property, plant and equipment5 | (9,023,016) | (10,458,797) | (7,549,189) | (6,736,247) |
| Depreciation-right of use assets6 | (2,530,020) | (2,341,900) | (1,816,680) | (1,581,360) |
| Amortisation | (998,924) | (3,194,977) | (2,904,768) | (2,964,394) |
| Operating profit before interest and fair value adjustments7 | 100,474,142 | 49,549,444 | 14,420,813 | 21,000,037 |
| Fair value adjustments on biological assets8 | (7,652,729) | 3,343,521 | 8,274,119 | 2,693,509 |
| Protit betore interest and tax910 | 92,821,413 | 52,892,965 | 22,694,932 | 23,693,546 |
| Interest income | 692,031 | 40,856 | 32,567 | 155,333 |
| Interest expense - loans | (4,182,590) | (8,768,877) | (8,163,214) | (9,537,131) |
| Interest expense - lease1112 | (582,489) | (379,155) | (280,152) | (419,196) |
| Share of the profit of joint venture accounted for using the equity method | 5,133,764 | –13 | Not reported in this filing14 | Not reported in this filing15 |
| Profit before tax | 93,882,129 | 43,785,789 | 14,284,133 | 13,892,552 |
| Income tax expense | (23,174,638) | (7,242,159) | (6,112,738) | (4,557,897) |
| Profit for the year from continuing operations1617 | 70,707,491 | 36,543,630 | 8,171,395 | 9,334,655 |
| (Loss)/profit from discontinued operation, net of tax1819 | (13,673,337) | 5,470,081 | –20 | (2,856,209) |
| Profit for the year21 | 57,034,154 | 42,013,711 | 8,171,395 | 6,478,446 |
| Total comprehensive income for the year | 57,034,154 | 42,013,711 | 8,171,395 | 6,478,446 |
| Non-controlling interests2223 | 4,180,419 | 17,471,393 | 2,754,426 | 3,808,457 |
| Other comprehensive income | –24 | –25 | –26 | –26 |
- Printed “-”, read as nil: subtotal_arithmetic: is.profit_before_tax.
- Printed “-”, read as nil: subtotal_arithmetic: is.profit_for_year.
- Printed “-”; reading unresolved, so no amount is shown. Printed dash, read on the page image (p3); recorded as printed and not interpreted as nil. Not in the text layer (p3 is image-only); read on the page image. The FY2025 statement prints two lines labelled 'Other comprehensive income' (one after 'Profit for the year from continuing operations', one after 'Profit for the year'); both print '-' in the 31 Dec 2025 column. Recorded against the second line, which sits between 'Profit for the year' and 'Total comprehensive income for the year'.
- Printed “-”; reading unresolved, so no amount is shown. Printed dash, read on the page image (p3); recorded as printed and not interpreted as nil. Not in the text layer (p3 is image-only); read on the page image. The FY2025 statement prints two lines labelled 'Other comprehensive income' (one after 'Profit for the year from continuing operations', one after 'Profit for the year'); both print '-' in the 31 Dec 2024 restated column. Recorded against the second line, which sits between 'Profit for the year' and 'Total comprehensive income for the year'.
- Printed “-”, read as nil: subtotal_arithmetic: is.total_comprehensive_income.
Notes and alternative reported figures (21)
- Printed under different labels across filings: “Revenue”; “nevenue”.
- “Financial loss” is an issuer-specific line, not mapped to a shared definition: Operating item above EBITDA.
- Printed under different labels across filings: “Financial (loss)/income”; “Financial loss”.
- Printed under different labels across filings: “Impairment (loss)/gain on trade receivables”; “mpairment gain on trade receivables”.
- Printed under different labels across filings: “Depreciation”; “Depreciation - property, plant and equipment”.
- “Depreciation-right of use assets” is an issuer-specific line, not mapped to a shared definition: Below EBITDA.
- Printed under different labels across filings: “Operatina oront betore interest and tair value adlustments”; “Operating profit before interest and fair value adjustments”.
- “Fair value adjustments on biological assets” is an issuer-specific line, not mapped to a shared definition: Crocodile biological assets.
- “Protit betore interest and tax” is an issuer-specific line, not mapped to a shared definition: Subtotal.
- Printed under different labels across filings: “Profit before interest and tax”; “Protit betore interest and tax”.
- “Interest expense - lease” is an issuer-specific line, not mapped to a shared definition: Lease interest.
- Printed under different labels across filings: “Interest expense - lease”; “Interest expense - leases”.
- Not reported in this filing: Not printed: The FY2023 condensed statement of profit or loss and OCI (p4) has no share of associates/joint venture line in the 31 Dec 2023 column; between 'Profit before interest and tax' and 'Profit before tax' it prints interest income, interest expense - loans and interest expense - leases only. Image-only page (no text layer); read on the page image.
- Not reported in this filing: Not printed: The FY2023 condensed statement of profit or loss and OCI (p4) has no share of associates/joint venture line in the 31 Dec 2022 column. Image-only page (no text layer); read on the page image.
- “Profit for the year from continuing operations” is an issuer-specific line, not mapped to a shared definition: Subtotal.
- Printed under different labels across filings: “Profit for the period from continuing operations”; “Profit for the year from continuing operations”.
- “(Loss)/profit from discontinued operation, net of tax” is an issuer-specific line, not mapped to a shared definition: Note 13: crocodile operations discontinued at Ume.
- Printed under different labels across filings: “(Loss)/profit from discontinued operation, net of tax”; “Loss from discontinued operation, net of tax”.
- Printed under different labels across filings: “Profit for the period from continuing and discontinued operations”; “Profit for the year”.
- “Non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Profit attributable to non-controlling interests.
- Printed under different labels across filings: “Non-controlling interest”; “Non-controlling interests”.
Balance sheet
| Line (as printed) | FY2025Published summary of audited statements (summary)reported for the year | FY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations | FY2023Published summary of audited statements (summary)reported for the yearsource limitations | FY2022Published summary of audited statements (summary)comparative in FY2023 filingsource limitations |
|---|---|---|---|---|
| roperty, plant and equipmen1 | 97,414,703 | 104,444,304 | 90,589,416 | 70,509,518 |
| Mine development assets2 | 31,902,317 | 17,870,610 | 12,105,224 | 6,716,003 |
| Exploration and evaluation assets3 | 126,852 | 126,852 | 329,804 | 148,104 |
| Investment accounted for using equity method | 2,218,976 | –4 | Not reported in this filing5 | Not reported in this filing6 |
| Goodwill7 | 7,097,629 | 7,097,629 | 4,594,571 | 4,594,571 |
| Intangible assets | 187,668 | 233,129 | 313,380 | 175,662 |
| Riaht ot use assets8 | 8,830,263 | 3,997,905 | 4,646,949 | 4,068,915 |
| Other receivables9 | 9,890,599 | –4 | –4 | 500,000 |
| Biological assets10 | 629,768 | 2,894,976 | 12,434,311 | 11,868,447 |
| Non-current assets (unlabelled subtotal) | 158,298,775 | 136,665,405 | 126,478,781 | 100,113,634 |
| Bioloaical assets1112 | 21,542,955 | 32,330,891 | 30,753,900 | 28,087,097 |
| Mines inventories1314 | 19,045,757 | 14,543,820 | 15,240,275 | 10,091,079 |
| Inventories | 13,314,586 | 24,088,053 | 20,771,444 | 16,786,979 |
| Trade and other receivables | 20,218,077 | 22,213,586 | 12,478,027 | 23,053,112 |
| Current tax receivable15 | 1,846,891 | 1,846,891 | 2,022,873 | 2,021,920 |
| Cash and cash equivalents | 16,374,370 | 5,064,001 | 1,154,523 | 1,264,386 |
| Current assets (unlabelled subtotal) | 92,342,636 | 100,087,242 | 82,421,040 | 81,304,573 |
| Total assets | 250,641,411 | 236,752,647 | 208,899,823 | 181,418,207 |
| snare capital16 | 80,508 | 55,208 | 54,951 | 54,430 |
| Share premium | 73,135,569 | 27,620,264 | 27,298,872 | 27,005,023 |
| Retained earnings17 | 97,142,958 | 58,861,378 | 41,745,231 | 39,088,466 |
| Share based payment reserve18 | –19 | –19 | 300,490 | 563,768 |
| Change in ownership reserve20 | (3,742,631) | (63,863) | (63,863) | (63,863) |
| Equity attributable to equity holders of the parent | 166,616,404 | 86,472,987 | 69,335,681 | 66,647,824 |
| Non-controlling interest21 | (1,643,953) | 38,284,856 | 18,338,077 | 17,121,712 |
| Total shareholders' equity | 164,972,451 | 124,757,843 | 87,673,758 | 83,769,536 |
| Interest-bearing borrowings | 17,381,283 | 10,106,716 | 11,172,216 | 7,932,747 |
| Lease liabilities | 7,058,742 | 2,319,966 | 2,851,683 | 2,758,424 |
| Mine rehabilitation provisions22 | 2,657,487 | 3,467,082 | 3,166,841 | 2,701,799 |
| Deferred tax liability23 | 21,044,676 | 24,415,382 | 22,945,241 | 17,324,336 |
| Non-current liabilities (unlabelled subtotal) | 48,142,188 | 40,309,146 | 40,135,981 | 30,717,306 |
| Bank overdraft | –24 | 5,866,271 | 6,046,923 | 5,842,018 |
| Interest-bearing borrowings (current) | 11,262,607 | 39,949,006 | 52,302,157 | 45,045,053 |
| Trade and other payables | 12,834,573 | 18,173,866 | 18,513,349 | 12,336,862 |
| Lease liabilities (current) | 2,396,101 | 2,249,197 | 2,305,837 | 1,710,470 |
| Employee benefit accruals25 | 3,628,081 | 1,771,699 | 1,601,206 | 1,444,669 |
| Tax payable | 7,405,410 | 3,675,619 | 320,611 | 552,293 |
| Current liabilities (unlabelled subtotal) | 37,526,772 | 71,685,658 | 81,090,083 | 66,931,365 |
| Total liabilities | 85,668,960 | 111,994,804 | 121,226,064 | 97,648,671 |
| Total equity and liabilities | 250,641,411 | 236,752,647 | 208,899,823 | 181,418,207 |
| Rehabilitation assets26 | Not reported in this filing27 | Not reported in this filing28 | 1,465,126 | 1,532,414 |
| Deferred tax asset | Not reported in this filing29 | Not reported in this filing30 | –4 | –4 |
| Contract balances31 | Not reported in this filing32 | Not reported in this filing33 | –24 | –24 |
- Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_assets.
- Printed “-”, read as nil: subtotal_arithmetic: bs.equity_attributable_to_owners.
- Printed “-”, read as nil: subtotal_arithmetic: bs.current_liabilities.
Notes and alternative reported figures (30)
- Printed under different labels across filings: “Property, plant and equipment”; “roperty, plant and equipmen”.
- “Mine development assets” is an issuer-specific line, not mapped to a shared definition: Non-current.
- “Exploration and evaluation assets” is an issuer-specific line, not mapped to a shared definition: Non-current.
- Not reported in this filing: Not printed: The FY2023 condensed statement of financial position (p4) has no investment in associates / equity-accounted investment line; its non-current assets are PPE, mine development, exploration and evaluation, rehabilitation assets, goodwill, intangibles, right of use, biological assets, other receivables and deferred tax asset. Image-only page (no text layer); read on the page image.
- Not reported in this filing: Not printed: The FY2023 condensed statement of financial position (p4) has no investment in associates / equity-accounted investment line in the 31 Dec 2022 restated column. Image-only page (no text layer); read on the page image.
- “Goodwill” is an issuer-specific line, not mapped to a shared definition: Non-current.
- Printed under different labels across filings: “Riaht ot use assets”; “Right of use assets”.
- “Other receivables” is an issuer-specific line, not mapped to a shared definition: Non-current (2025 only).
- “Biological assets” is an issuer-specific line, not mapped to a shared definition: Note 9.1.
- “Bioloaical assets” is an issuer-specific line, not mapped to a shared definition: Note 9.2.
- Printed under different labels across filings: “Bioloaical assets”; “Biological assets (current)”.
- “Mines inventories” is an issuer-specific line, not mapped to a shared definition: Note 8.2: ore stockpiles and mine stores.
- Printed under different labels across filings: “Mines Inventories”; “Mines inventories”.
- Printed under different labels across filings: “Current tax receivable”; “Current tax receivable*”.
- Printed under different labels across filings: “Share capital”; “snare capital”.
- Printed under different labels across filings: “Retained earnings”; “Retained earnings*”.
- “Share based payment reserve” is an issuer-specific line, not mapped to a shared definition: Equity reserve.
- “Change in ownership reserve” is an issuer-specific line, not mapped to a shared definition: Equity reserve.
- Printed under different labels across filings: “Non-controlling interest”; “Non-controlling interest (balance sheet)”.
- “Mine rehabilitation provisions” is an issuer-specific line, not mapped to a shared definition: Non-current.
- Printed under different labels across filings: “Deferred tax liability”; “Deferred tax liability*”.
- “Employee benefit accruals” is an issuer-specific line, not mapped to a shared definition: Current.
- “Rehabilitation assets” is an issuer-specific line, not mapped to a shared definition: Non-current, note 24.1 (FY2023); subject of the auditor's IAS 16 qualification.
- Not reported in this filing: Not printed: The FY2025 condensed statement of financial position (p3) has no 'Rehabilitation assets' line in either column; its non-current assets are PPE, mine development, exploration and evaluation, investment accounted for using equity method, goodwill, intangibles, right of use, other receivables and biological assets. Image-only page (no text layer); read on the page image.
- Not reported in this filing: Not printed: The FY2025 condensed statement of financial position (p3) has no 'Rehabilitation assets' line in the 31 Dec 2024 restated column. Image-only page (no text layer); read on the page image.
- Not reported in this filing: Not printed: The FY2025 condensed statement of financial position (p3) has no 'Deferred tax asset' line in either column. Image-only page (no text layer); read on the page image.
- Not reported in this filing: Not printed: The FY2025 condensed statement of financial position (p3) has no 'Deferred tax asset' line in the 31 Dec 2024 restated column. Image-only page (no text layer); read on the page image.
- “Contract balances”: mapping to a shared definition is uncertain. Printed 'Contract balances' under current liabilities; nil in both years (1 January 2022: 740 613).
- Not reported in this filing: Not printed: The FY2025 condensed statement of financial position (p3) has no 'Contract balances' line; its current liabilities are bank overdraft, interest-bearing borrowings, trade and other payables, lease liabilities, employee benefit accruals and tax payable. Image-only page (no text layer); read on the page image.
- Not reported in this filing: Not printed: The FY2025 condensed statement of financial position (p3) has no 'Contract balances' line in the 31 Dec 2024 restated column. Image-only page (no text layer); read on the page image.
Cash flow
| Line (as printed) | FY2025Published summary of audited statements (summary)reported for the year | FY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations | FY2023Published summary of audited statements (summary)reported for the yearsource limitations | FY2022Published summary of audited statements (summary)comparative in FY2023 filingsource limitations |
|---|---|---|---|---|
| Cash generated from operating activities | 110,182,254 | 60,003,704 | 40,665,423 | 24,604,823 |
| Interest received | 692,031 | 30,973 | 32,567 | 155,333 |
| Interest paid - loans1 | (4,573,917) | (7,771,086) | (6,175,069) | (12,592,167) |
| Interest paid - leases | (582,489) | (253,061) | (408,949) | (419,196) |
| Taxation paid | (17,569,058) | (3,732,183) | (725,000) | (590,366) |
| Net cash generated from operations | 88,148,821 | 48,278,347 | 33,388,972 | 11,158,427 |
| Net cash utilised in investing activities | (28,961,231) | (19,718,209) | (36,177,255) | (13,677,510) |
| Proceeds on disposal of property, plant and equipment2 | 1,890,560 | 2,943,116 | 190,926 | 39,577 |
| Proceeds on insurance claims3 | 110,482 | 6,813 | Not reported in this filing4 | Not reported in this filing5 |
| Purchase of property, plant and equipment6 | (11,721,698) | (14,077,425) | (27,714,272) | (10,766,351) |
| Purchase of mine development assets78 | (19,131,733) | (8,446,970) | (8,075,764) | (2,571,795) |
| Expenditure on non-current biological assets910 | (51,092) | (98,685) | (99,257) | (96,032) |
| Purchase of intangible assets11 | (57,750) | (45,058) | (297,188) | (12,587) |
| Net cash inflow before financing activities1213 | 59,187,590 | 28,560,138 | (2,788,283) | (2,519,083) |
| Net cash utilised in financing activities | (47,310,411) | (23,825,611) | 3,528,109 | (2,067,088) |
| Proceeds from issue of ordinary shares1415 | –16 | 257 | 8,475 | 1,049 |
| Proceeds from borrowings17 | 58,851,644 | 39,161,392 | 37,173,249 | 42,773,010 |
| Repayments of borrowings18 | (87,131,077) | (53,641,218) | (28,459,916) | (43,393,979) |
| Lease payments19 | (2,211,431) | (2,491,845) | (1,684,995) | (1,447,168) |
| Dividends paid to the equity holders of the parent and non-controlling interests2021 | (16,819,547) | (6,854,197) | (3,316,622) | –16 |
| Net increase in cash and cash equivalents22 | 11,877,179 | 4,734,527 | 739,826 | (4,586,171) |
| Impact of changes in exchange rates on cash held | (566,810) | (825,049) | (849,689) | (493,210) |
| Cash and cash equivalents at the beginning of the year23 | 5,064,001 | 1,154,523 | 1,264,386 | 6,343,767 |
| Cash and cash equivalents at the end of the year24 | 16,374,370 | 5,064,001 | 1,154,523 | 1,264,386 |
| - expenditure on exploration and evaluation of assets25 | Not reported in this filing26 | Not reported in this filing27 | (181,700) | (148,104) |
| - disposal of discontinued operation ,net of cash dispsed of28 | Not reported in this filing29 | Not reported in this filing30 | –31 | (122,218) |
| - share capital transaction cost32 | Not reported in this filing33 | Not reported in this filing34 | (192,082) | –16 |
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
Notes and alternative reported figures (32)
- Printed under different labels across filings: “Interest paid”; “Interest paid - loans”.
- Printed under different labels across filings: “- proceeds on disposal of property, plant and equipment”; “Proceeds on disposal of property, plant and equipment”.
- “Proceeds on insurance claims” is an issuer-specific line, not mapped to a shared definition: Investing activities.
- Not reported in this filing: Not printed: The FY2023 condensed statement of cash flows (p4) has no 'Proceeds on insurance claims' line; its investing lines are proceeds on disposal of PPE, purchase of PPE, purchase of mine development assets, exploration and evaluation, disposal of discontinued operation, non-current biological assets and intangible assets. Image-only page (no text layer); read on the page image.
- Not reported in this filing: Not printed: The FY2023 condensed statement of cash flows (p4) has no 'Proceeds on insurance claims' line in the 31 Dec 2022 column. Image-only page (no text layer); read on the page image.
- Printed under different labels across filings: “- purchase of property, plant and equipment”; “Purchase of property, plant and equipment”.
- “Purchase of mine development assets” is an issuer-specific line, not mapped to a shared definition: Investing activities.
- Printed under different labels across filings: “- purchase of mine development assets”; “Purchase of mine development assets”.
- “Expenditure on non-current biological assets” is an issuer-specific line, not mapped to a shared definition: Investing activities.
- Printed under different labels across filings: “- expenditure on non-current biological assets”; “Expenditure on non-current biological assets”.
- Printed under different labels across filings: “- purchase of intangible assets”; “Purchase of intangible assets”.
- “Net cash inflow before financing activities” is an issuer-specific line, not mapped to a shared definition: Operating plus investing cash flows.
- Printed under different labels across filings: “Net cash flow before financing activities”; “Net cash inflow before financing activities”.
- “Proceeds from issue of ordinary shares” is an issuer-specific line, not mapped to a shared definition: Financing activities.
- Printed under different labels across filings: “- proceeds from share issues”; “Proceeds from issue of ordinary shares”.
- Printed under different labels across filings: “- proceeds from borrowings”; “Proceeds from borrowings”.
- Printed under different labels across filings: “- repayments of borrowings”; “Repayments of borrowings”.
- Printed under different labels across filings: “- lease payments”; “Lease payments”.
- “Dividends paid to the equity holders of the parent and non-controlling interests”: mapping to a shared definition is uncertain. Includes dividends paid to non-controlling interests (one printed line).
- Printed under different labels across filings: “- dividends paid to equity holders of the parent and non-controlling interests”; “Dividends paid to the equity holders of the parent and non-controlling interests”.
- Printed under different labels across filings: “Net increase in cash and cash equivalents”; “Net increase/(decrease) in cash and cash equivalents”.
- Printed under different labels across filings: “Cash and cash equivalents at the beginning of the period”; “Cash and cash equivalents at the beginning of the year”.
- Printed under different labels across filings: “Cash and cash equivalents at the end of the period”; “Cash and cash equivalents at the end of the year”.
- “- expenditure on exploration and evaluation of assets” is an issuer-specific line, not mapped to a shared definition: Investing activities.
- Not reported in this filing: Not printed: The FY2025 condensed statement of cash flows (p3) has no exploration and evaluation expenditure line; its investing lines are proceeds on disposal of PPE, proceeds on insurance claims, purchase of PPE, purchase of mine development assets, non-current biological assets and intangible assets. Image-only page (no text layer); read on the page image.
- Not reported in this filing: Not printed: The FY2025 condensed statement of cash flows (p3) has no exploration and evaluation expenditure line in the 31 Dec 2024 restated column. Image-only page (no text layer); read on the page image.
- “- disposal of discontinued operation ,net of cash dispsed of” is an issuer-specific line, not mapped to a shared definition: Investing activities; 2023 printed '-'.
- Not reported in this filing: Not printed: The FY2025 condensed statement of cash flows (p3) has no 'disposal of discontinued operation, net of cash disposed of' line. Image-only page (no text layer); read on the page image.
- Not reported in this filing: Not printed: The FY2025 condensed statement of cash flows (p3) has no 'disposal of discontinued operation, net of cash disposed of' line in the 31 Dec 2024 restated column. Image-only page (no text layer); read on the page image.
- “- share capital transaction cost” is an issuer-specific line, not mapped to a shared definition: Financing activities; 2022 printed '-'.
- Not reported in this filing: Not printed: The FY2025 condensed statement of cash flows (p3) has no 'share capital transaction cost' line; its financing lines are proceeds from issue of ordinary shares, proceeds from borrowings, repayments of borrowings, lease payments and dividends paid. Image-only page (no text layer); read on the page image.
- Not reported in this filing: Not printed: The FY2025 condensed statement of cash flows (p3) has no 'share capital transaction cost' line in the 31 Dec 2024 restated column. Image-only page (no text layer); read on the page image.
Reported measures outside the statements
| Measure (as printed) | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Operating profit before depreciation, amortisation and fair valuation adjustments (EBITDA) | 113,026,102 p3 | 65,545,118 p3 | 26,691,450 p4 | 32,282,038 p4 |
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.
| Year ended | Event | Wording as printed | Amount | Unit | Source |
|---|---|---|---|---|---|
| 31 Dec 2025 | Dividends paid (cash flow statement) | Dividends paid to the equity holders of the parent and non-controlling interests |
(16,819,547) | USD units | Summary statements, p3 |
| 31 Dec 2024 | Dividends paid (cash flow statement) | Dividends paid to the equity holders of the parent and non-controlling interests |
(6,854,197) | USD units | Summary statements, p3 |
| 31 Dec 2023 | Dividends paid (cash flow statement) | - dividends paid to equity holders of the parent and non-controlling interests |
(3,316,622) | USD units | Summary statements, p4 |
| 31 Dec 2022 | Dividends paid (cash flow statement) | - dividends paid to equity holders of the parent and non-controlling interests |
0printed “–”, read as nil | USD units | Summary statements, p4 |
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.
-
Audited Condensed Consolidated Group Financial Results for the year ended 31 December 2025
Year ended 31 December 2025 · Published summary of audited statements (summary) · final status not established
Audit: KPMG Chartered Accountants (Zimbabwe) (named); no auditor's opinion on the full statements in this document · no signature page in this document
Final status: Published by the company on its website ('The Directors are pleased to present the Audited Condensed Consolidated Group Financial Results', p2-p3; chairman's statement dated 30 March 2026, p2). No auditor's report on the summary or on the full statements is printed: the 'External Auditor's Statement' (p2) is the directors' statement that the full consolidated statements were audited by KPMG with a qualified opinion. No board approval date of the statements is printed.
- Document date
- 30 Mar 2026
- Auditor's report
- date not found in this document
- Board approval
- date not found in this document
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- consolidated statements · USD units (printed “US$”)
- Underlying full consolidated statements (not the summary), as the directors report it (the auditor's report itself is not printed): qualified opinion 'because of the possible effect, on the comparative figures, of the issue from prior years relating to non-compliance with ... IAS 21 ... and the inappropriate application of IAS 8' (PDF p2).
- The summary reports a qualified opinion by KPMG on the full consolidated statements (comparatives, IAS 21 / IAS 8); it is not an opinion on the summary, and no auditor's report is reproduced.
- Cash and cash equivalents in the statement of cash flows (2024: 5 064 001; 1 January 2024: 1 154 523) equal the balance-sheet cash and cash equivalents, not net of the bank overdraft (2024: 5 866 271) shown under current liabilities (p3).
- HIDDEN TEXT LAYER: every page is an image; PDF p2 carries an invisible OCR-like text layer that misreads the printed page (e.g. 'KPMC' for KPMG, 'Prorit arter tax tor tne year', and the FY24 final dividend as '0.06 Us cents' where the highlights print 0.66). It was not used; the statement page p3 has no text layer and was read from Apple Vision OCR of the render, with every cell compared on the image; rows OCR could not read reliably are recorded visual_only.
- The 2024 comparatives are headed '*Restated': 'Certain comparative information has been restated following the correction of prior year errors, see note 15 and has been re-presented for discontinued operations, see note 13' (p3).
- No auditor's report is printed. 'External Auditor's Statement' (p2): 'These condensed financial results should be read in conjunction with the complete set of consolidated financial statements for the year ended 31 December 2025, which have been audited by KPMG Chartered Accountants (Zimbabwe), who expressed a qualified audit opinion because of the possible effect, on the comparative figures, of the issue from prior years relating to non-compliance with International Financial Reporting Standards IAS 21, The Effects of Changes in Foreign Exchange Rates and the inappropriate application of IAS 8, Accounting Policies, Changes in Accounting Estimates and Errors.' Key audit matters: existence of mines inventories (ore stockpiles) and valuation of biological assets. The auditor's report 'is available for inspection at the Company's registered office and is posted on the Company's website'; engagement partner Michael de Beer (PAAB 0369).
- Condensed consolidated statement of profit or loss and OCI, statement of financial position (with a restated 1 January 2024 column, not transcribed) and statement of cash flows (with non-cash adjustments and working capital lines, not transcribed) (p3); statement of changes in equity and notes, including segment information, the restatement (note 15) and the discontinued crocodile operation (note 13) (pp4-6). Only consolidated figures are printed.
Technical details
- File
- 8 pages, with a text layer
- SHA-256
376c1a3f4ec70a69f0b7a6fd4d956101b627646b08f262d06d80075af76ee3e1- Entity as printed
- Padenga Holdings Limited (the Group)
- Issuer copy
- retrieved 2026-10-08T20:38:23Z
-
Audited Condensed Consolidated Financial Results for the year ended 31 December 2023
Year ended 31 December 2023 · Published summary of audited statements (summary) · final status not established
Audit: KPMG Chartered Accountants (Zimbabwe) (named); no auditor's opinion on the full statements in this document · no signature page in this document
Final status: Summary publication of the company ('The Directors are pleased to present the Audited Condensed Consolidated Financial Results', p3-p5; chairman's statement signed and dated 26 March 2024, p3; consolidated financial statements authorised for issue by the Directors on 22 March 2024, note 1, p5). No auditor's report on the summary is printed. The appended Independent Auditors' Report (PDF p11-16), signed 'KPMG' by hand above Michael de Beer, 26 March 2024, is a QUALIFIED opinion on the full consolidated financial statements ('set out on pages 13 to 79', not in this document), not on this summary.
- Document date
- 26 Mar 2024
- Auditor's report
- date not found in this document
- Board approval
- 22 Mar 2024
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2023, FY2022
- Basis
- consolidated statements · USD units (printed “US$”)
- the auditor's qualification on the underlying full statements affects both 2023 and 2022 (property, plant and equipment, goodwill, non-controlling interests, deferred tax, provisions).
- Basis for qualified opinion (on the full consolidated statements, not the summary; PDF p11-13): (1) IAS 21 / IAS 8: foreign-currency translation at the interbank rate from 22 February 2019 to 22 June 2020 and a subsidiary's (Dallaglio) incorrect functional-currency change date; misstatement unquantified, affecting opening balances of property, plant and equipment, deferred tax, depreciation and income tax; (2) IFRS 3: no at-acquisition fair values for Dallaglio (acquired 1 January 2020), so property, plant and equipment, goodwill and non-controlling interests opening balances remain misstated; (3) IAS 37 / IAS 16 / IAS 8: mine rehabilitation provisions based on the life-of-mine closure plan, and separately recognised rehabilitation assets (US$1 465 126; 2022: US$1 532 414), affecting current and comparative amounts.
- The appended KPMG report is a qualified opinion on the full consolidated statements (IAS 21/IAS 8, IFRS 3, IAS 37/IAS 16); it is not an opinion on this summary.
- Printed subtotals differ from the sum of their printed lines by small amounts: current assets 2023 printed 82 421 040 (lines sum to 82 421 042); total assets 2023 printed 208 899 823 (126 478 781 + 82 421 040 = 208 899 821). Kept as printed (p4).
- Cash and cash equivalents in the statement of cash flows (1 154 523; 2022: 1 264 386) equal the balance-sheet cash, not net of the bank overdraft shown under current liabilities (p4).
- PDF pages 1-10 are images with no text layer (no hidden text layer); the statements page p4 was read from Apple Vision OCR of the 200 dpi render, with every transcribed cell compared on the image; most rows are recorded visual_only because OCR misreads their digits or grouping.
- The balance sheet's 31 Dec 2022 and 1 Jan 2022 columns are headed 'restated*' ('Refer to the prior year errors described in note 27'); retained earnings, current tax receivable and deferred tax liability are starred. The profit-or-loss and cash-flow 2022 columns are headed 'audited', not restated (p4).
- No auditor's report on the summary is printed. 'Auditor's Statement' (p3): 'These condensed consolidated financial results should be read in conjunction with the complete set of consolidated financial statements for the year ended 31 December 2023, which have been audited by KPMG Chartered Accountants (Zimbabwe), who expressed a qualified audit opinion arising from continuing issues from prior years relating to non-compliance with IAS 21 ..., non-compliance with IAS 37 ... in the prior year ..., non-compliance with IFRS 3, Business Combinations ...'; 'The auditor's independent report on the consolidated financial statements (from which these results were extracted) is available for inspection at the Company's registered office'. The document appends KPMG's signed report on the full statements (PDF p11-16; qualified; Michael de Beer, PAAB 0369, 26 March 2024).
- Condensed consolidated statement of profit or loss and OCI, statement of financial position (with a restated 1 January 2022 column, not transcribed) and statement of cash flows (non-cash adjustments and working-capital lines not transcribed) (p4); statement of changes in equity and notes (p5-10). Headline and continuing-operations EPS lines are printed but not transcribed. Only consolidated figures are printed.
Technical details
- File
- 16 pages, scanned (figures read by OCR and checked against the page image)
- SHA-256
7b6b472aa74d220ffa51e3cde491328ca80222cc62226f33e20fde328c06aaf0- Entity as printed
- Padenga Holdings Limited and its subsidiaries (the Group)
- Exchange copy
- retrieved 2026-10-08T18:04:52Z
Data notes
- Cost of goods sold — OCR read '(113194877)'; the page image shows '(113 194 877)'. OCR returns the 2025 cost of goods sold without its group spaces; the render prints (113 194 877) (page image p3). (Audited Condensed Consolidated Group Financial Results for the year ended 31 December 2025, p3)
- Cost of goods sold — OCR read '(109024252)'; the page image shows '(109 024 252)'. OCR returns the 2024 cost of goods sold without its group spaces; the render prints (109 024 252) (page image p3). (Audited Condensed Consolidated Group Financial Results for the year ended 31 December 2025, p3)
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to OCR text and compared cell by cell with the page image; read from the page image) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
Download
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.