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RH Bophelo

RHB · Johannesburg Stock Exchange and RHB · Rwanda Stock Exchange · Incorporated in South Africa · Company statements

On this page
Company details
Legal name
RH Bophelo Limited
Incorporated in
South Africa
Listing
RHB on the Johannesburg Stock Exchange, active · ISIN ZAE000244737 (observed 2026-10-07)
Listing
RHB on the Rwanda Stock Exchange, active · ISIN ZAE000244737 (observed 2026-10-06)
Sector
Investment holding (our classification from the stated principal activity)
Activity
Investment entity making equity and equity-related investments in healthcare and financial services; investees are measured at fair value, not consolidated.
Financial year ends
28 February

Overview

Year ended 28 February 2026 · audited financial statements, signed / final · source

  • Total investment income

    ZAR 53.2 million

    53,238,317 ZAR units · p20

    Change not shown.

    The company's printed total of interest, dividends and fair-value movements on its investments; not trading revenue.

  • Total income before taxation

    ZAR 15.2 million

    15,195,644 ZAR units · p20

    Change not shown.

    Printed as 'Total income before taxation'.

  • Total income after tax

    ZAR 18.6 million

    18,570,133 ZAR units · p20

    Change not shown.

    Printed as 'Total income after tax'.

  • Net Asset Value (Rand)

    ZAR 1.10 billion

    1,096,831,961 ZAR units · p52

    Change not shown.

    Net asset value as printed in the share-capital note (rand); not computed here.

  • Total assets

    ZAR 1.26 billion

    1,258,637,800 ZAR units · p19

    Change not shown.

  • Cash from operations

    −ZAR 16.5 million

    (16,504,960) ZAR units · p22

    Change not shown.

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.

Not shown: the two years come from different filings.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in ZAR 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

  • FY to 28 Feb 2026 — audited financial statements, signed / final; reported for the year · source
  • FY to 28 Feb 2025 — audited financial statements, signed / final; reported for the year · source
  • FY to 29 Feb 2024 — audited financial statements, signed / final; comparative in the FY to 28 Feb 2025 filing · source

Income statement

Income statement, ZAR units. Columns: FY to 28 Feb 2026 — audited financial statements (signed / final), as reported for the year; FY to 28 Feb 2025 — audited financial statements (signed / final), as reported for the year; FY to 29 Feb 2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY to 28 Feb 2026Audited financial statementsreported for the yearFY to 28 Feb 2025Audited financial statementsreported for the yearFY to 29 Feb 2024Audited financial statementscomparative in FY to 28 Feb 2025 filing
Interest income 5,706,704 8,040,942 14,678,053
Dividend income1 83,689,000 26,142,000 22,144,498
Fair value (loss)/ gains from financial assets at fair value through profit or loss2 (36,157,387) 72,051,963 243,593,458
Total investment income3 53,238,317 106,234,905 280,416,009
Other income 181,159 5,650,704 4,440,429
Finance costs (11,048,006) (11,469,931) (19,980,044)
Employee costs (9,311,930) (10,956,732) (11,654,610)
Management fees4 (4,513,969) (6,792,121) (7,423,601)
Depreciation (1,006,872) (935,075) (908,707)
Allowance for expected credit losses 1,166,667 (1,166,667) –5
Other operating expenses (13,509,722) (20,851,708) (12,677,288)
Total expenses (unlabelled subtotal)6 (38,223,832) (52,172,234) (52,644,250)
Total income before taxation 15,195,644 59,713,375 232,212,188
Income tax 3,374,489 (15,785,002) (49,568,135)
Total income after tax 18,570,133 43,928,373 182,644,053
Other comprehensive income –7 –7 –7
Total comprehensive income for the year 18,570,133 43,928,373 182,644,053
  1. Printed “-”, read as nil: subtotal_arithmetic: is.native.co_ddaaga3xber4.total_expenses.
  2. Printed “-”, read as nil: subtotal_arithmetic: is.total_comprehensive_income.
Notes and alternative reported figures (5)
  1. “Dividend income” is an issuer-specific line, not mapped to a shared definition: Note 17: dividends from investee companies.
  2. Printed under different labels across filings: “Fair value (loss)/ gains from financial assets at fair value through profit or loss”; “Fair value gains from financial assets at fair value through profit or loss”.
  3. “Total investment income” is an issuer-specific line, not mapped to a shared definition: Interest, dividends and fair value movements on investments.
  4. “Management fees” is an issuer-specific line, not mapped to a shared definition: Note 19: fees to the investment manager.
  5. “Total expenses (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Printed without a label after other operating expenses.

Balance sheet

Balance sheet, ZAR units. Columns: FY to 28 Feb 2026 — audited financial statements (signed / final), as reported for the year; FY to 28 Feb 2025 — audited financial statements (signed / final), as reported for the year; FY to 29 Feb 2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY to 28 Feb 2026Audited financial statementsreported for the yearFY to 28 Feb 2025Audited financial statementsreported for the yearFY to 29 Feb 2024Audited financial statementscomparative in FY to 28 Feb 2025 filing
Property, plant and equipment 2,774,420 600,880 1,487,401
Loans to related parties1 50,891,309 51,050,911 36,801,641
Financial assets at fair value through profit or loss 1,152,964,441 1,185,697,747 1,093,024,399
Non-current assets (unlabelled subtotal) 1,206,630,170 1,237,349,538 1,131,313,441
Loans to related parties1 4,442,119 4,560,662 8,029,086
Other receivables2 20,330,411 11,253,447 22,288,061
Cash and cash equivalents 27,235,100 30,017,789 54,729,651
Current assets (unlabelled subtotal) 52,007,630 45,831,898 85,046,798
Total Assets 1,258,637,800 1,283,181,436 1,216,360,239
Share capital 633,589,672 633,589,672 633,589,672
Retained income 463,242,289 444,672,156 400,743,783
Total equity (unlabelled subtotal) 1,096,831,961 1,078,261,828 1,034,333,455
Lease liabilities3 1,616,505 –4 510,569
Borrowings –4 49,567,665 50,349,948
Deferred tax 118,378,904 121,753,393 105,968,391
Non-current liabilities (unlabelled subtotal) 119,995,409 171,321,058 156,828,908
Trade and other payables 15,675,863 11,560,144 2,619,479
Lease liabilities3 1,175,080 483,840 936,854
Borrowings 24,959,487 11,564,671 21,641,543
Bank overdraft –5 9,989,895 –5
Current liabilities (unlabelled subtotal) 41,810,430 33,598,550 25,197,876
Total Liabilities 161,805,839 204,919,608 182,026,784
Total Equity and Liabilities 1,258,637,800 1,283,181,436 1,216,360,239
Net Asset Value (Rand) 1,096,831,961 1,078,261,828 1,034,333,455
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
  2. Printed “-”, read as nil: subtotal_arithmetic: bs.current_liabilities.
Notes and alternative reported figures (3)
  1. “Loans to related parties” is an issuer-specific line, not mapped to a shared definition: Note 7.
  2. “Other receivables” is an issuer-specific line, not mapped to a shared definition: Note 10.
  3. “Lease liabilities” is an issuer-specific line, not mapped to a shared definition: Note 9.

Cash flow

Cash flow, ZAR units. Columns: FY to 28 Feb 2026 — audited financial statements (signed / final), as reported for the year; FY to 28 Feb 2025 — audited financial statements (signed / final), as reported for the year; FY to 29 Feb 2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY to 28 Feb 2026Audited financial statementsreported for the yearFY to 28 Feb 2025Audited financial statementsreported for the yearFY to 29 Feb 2024Audited financial statementscomparative in FY to 28 Feb 2025 filing
Cash used in operations (22,058,320) (22,964,990) (33,243,839)
Dividends received1 15,842,000 35,346,912 8,144,498
Finance costs paid2 (11,664,307) (12,638,641) (20,497,086)
Interest received 1,375,667 2,595,664 11,765,371
Net cash (from) / to operating activities3 (16,504,960) 2,338,945 (33,831,056)
Purchase of property, plant and equipment –4 (48,554) (80,204)
Repayments of financial assets at fair value through profit or loss5 26,907,404 2,917,824 –4
Advances of financial assets at fair value through profit or loss67 (23,532,145) (33,349,365) (20,361,539)
Loans to group companies repaid8 1,552,500 4,474,587 2,000,000
Net cash from / (to) investing activities9 4,927,759 (26,005,507) (12,358,147)
Proceeds from borrowing 24,959,487 Not reported in this filing1110 Not reported in this filing11
Repayments on borrowings (5,000,000) (10,000,000) (30,000,000)
Payments on lease liabilities12 (1,175,080) (1,035,194) (956,970)
Net cash from / (to) financing activities13 18,784,407 (11,035,194) (51,011,272)
Total cash movement for the year 7,207,206 (34,701,757) (97,200,475)
Cash and cash equivalents at the beginning of the year 20,027,894 54,729,651 151,930,126
Cash and cash equivalents at end of the year14 27,235,100 20,027,894 54,729,651
Loans advanced to group companies15 Not reported in this filing16 –4 (916,404)
Proceeds from disposal of financial assets at fair value through profit or loss17 Not reported in this filing18 –4 7,000,000
"A" Class shares - Dividends paid19 Not reported in this filing20 –21 (20,054,302)
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
  2. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (19)
  1. “Dividends received” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  2. “Finance costs paid” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  3. Printed under different labels across filings: “Net cash (from) / to operating activities”; “Net cash from operating activities”.
  4. “Repayments of financial assets at fair value through profit or loss” is an issuer-specific line, not mapped to a shared definition: Note 6; investing activities.
  5. “Advances of financial assets at fair value through profit or loss” is an issuer-specific line, not mapped to a shared definition: Note 6; investing activities.
  6. Printed under different labels across filings: “Advances of financial assets af fair value through profit or loss”; “Advances of financial assets at fair value through profit or loss”.
  7. “Loans to group companies repaid” is an issuer-specific line, not mapped to a shared definition: Note 7; investing activities.
  8. Printed under different labels across filings: “Net cash from / (to) investing activities”; “Net cash from investing activities”.
  9. Audited financial statements dated 2026-05-29 presents this line for this year: - (p22). Not shown in this column, which follows one filing's presentation.
  10. Not reported in this filing: The FY2025 statement of cash flows (p22) prints no proceeds-from-borrowing line.
  11. Printed under different labels across filings: “Payment on lease liabilities”; “Payments on lease liabilities”.
  12. Printed under different labels across filings: “Net cash from / (to) financing activities”; “Net cash from financing activities”.
  13. Printed under different labels across filings: “Cash and cash equivalents at end of the year”; “Cash and cash equivalents at the end of the year”.
  14. “Loans advanced to group companies” is an issuer-specific line, not mapped to a shared definition: Investing activities (printed in the FY2025 statements).
  15. Not reported in this filing: The FY2026 statement of cash flows (p22) prints no loans-advanced-to-group-companies line.
  16. “Proceeds from disposal of financial assets at fair value through profit or loss” is an issuer-specific line, not mapped to a shared definition: Investing activities (printed in the FY2025 statements).
  17. Not reported in this filing: The FY2026 statement of cash flows (p22) prints no investment-disposal-proceeds line.
  18. “"A" Class shares - Dividends paid” is an issuer-specific line, not mapped to a shared definition: Financing activities: dividends on the A ordinary shares (printed in the FY2025 statements).
  19. Not reported in this filing: The FY2026 statement of cash flows (p22) prints no A-class dividends line.

Per share and shares

Per share and shares. Columns: FY to 28 Feb 2026 — audited financial statements (signed / final), as reported for the year; FY to 28 Feb 2025 — audited financial statements (signed / final), as reported for the year; FY to 29 Feb 2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY to 28 Feb 2026Audited financial statementsreported for the yearFY to 28 Feb 2025Audited financial statementsreported for the yearFY to 29 Feb 2024Audited financial statementscomparative in FY to 28 Feb 2025 filing
Shares in issue at year end (shares)1 64,691,298 64,691,298 64,691,298
Notes and alternative reported figures (1)
  1. Shares in issue at year end: printed as “Number of ordinary shares in issue”.

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.

No dividend statement or amount collected.

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.

  • RH Bophelo Limited Annual Financial Statements for the year ended 28 February 2026

    Year ended 28 February 2026 · Audited financial statements · signed / final

    Audit: Forvis Mazars (South Africa), unmodified opinion · signed

    Auditor's sign-off: Forvis Mazars; partner Stephan Adlam (Registered Auditor)

    Final status: Auditor's report signed by Forvis Mazars (partner Stephan Adlam), dated 29 May 2026 (pp11-15, scanned, read from page renders); approved by the chairman and CEO on 29 May 2026 (p4).

    Document date
    29 May 2026
    Auditor's report
    29 May 2026
    Board approval
    29 May 2026
    Retrieved by us
    7 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 28 Feb 2026
    Basis
    company statements · ZAR units (printed “R”)
    • Listed on the Johannesburg Stock Exchange and the Rwanda Stock Exchange (directors' report, p16), share code RHB on both and ISIN ZAE000244737 (cover, p1). Both listings are recorded; the statements do not say which is primary or on which JSE board the shares trade, so neither is recorded. The JSE roster is not collected in this inventory. Amounts are in South African rand (ZAR).
    • Earnings per share and net asset value per share are printed in South African cents; recorded as company-specific per-share lines, not as rand amounts.
    Technical details
    File
    68 pages, with a text layer
    SHA-256
    acfd4107c42c44bef60e6a1e4422909a407f69c3085aacdf19b65991144d43d9
    Entity as printed
    RH Bophelo Limited (company)
    Issuer copy
    retrieved 2026-10-07T00:46:00Z · curl

  • RH Bophelo Limited Annual Financial Statements for the year ended 28 February 2025

    Year ended 28 February 2025 · Audited financial statements · signed / final

    Audit: Forvis Mazars (South Africa), unmodified opinion · signed

    Auditor's sign-off: Forvis Mazars; partner Stephan Adlam (Registered Auditor)

    Final status: Auditor's report signed 'Forvis Mazars' (partner Stephan Adlam, Registered Auditor), dated 30 May 2025 (pp11-15, scanned, read from page renders); approved and signed by the chairman (Samson Moraba) and the CEO (Quinton Zunga) on 30 May 2025 (p4, scanned).

    Document date
    30 May 2025
    Auditor's report
    30 May 2025
    Board approval
    30 May 2025
    Retrieved by us
    7 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 28 Feb 2025, FY to 29 Feb 2024
    Basis
    company statements · ZAR units (printed “R”)
    • Key audit matter: valuation of the investments at fair value through profit or loss (pp12-13). The opinion is unmodified; there is no material-uncertainty or emphasis-of-matter section.
    • Listed on the Johannesburg Stock Exchange and the Rwanda Stock Exchange (directors' report, p16), share code RHB on both and ISIN ZAE000244737 (cover, p1). Both listings are recorded; the statements do not say which is primary or on which JSE board the shares trade, so neither is recorded. The JSE roster is not collected in this inventory. Amounts are in South African rand (ZAR).
    • Amounts are printed with spaces as thousands separators and a decimal comma for earnings per share ('67,9'); net asset value per share in note 13 uses a decimal point ('1666.8 cents'). Recorded as printed.
    • Earnings per share and net asset value per share are printed in South African cents; recorded as company-specific per-share lines, not as rand amounts.
    Technical details
    File
    70 pages, with a text layer
    SHA-256
    afe31149a55d7b65ba1ebc1472a13cb070ac33bba3e146d9397725006c660613
    Entity as printed
    RH Bophelo Limited (company)
    Issuer copy
    retrieved 2026-10-07T00:46:03Z · curl

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been checked against its cited source page in an AI-assisted source verification (7 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.

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