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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) (17 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

Tiger Brands

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

On this page
Company details
Legal name
Tiger Brands Limited
Incorporated in
South Africa
Listing
TBS on the A2X Markets, active · ISIN ZAE000071080 (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
30 September

Overview

Year ended 30 September 2025 · annual report, signed / final · source

  • Revenue

    ZAR 34.4 billion

    34,392 ZAR millions · p15

    +2.7% vs 2024

  • Operating profit / (loss)

    ZAR 4.44 billion

    4,443 ZAR millions · p15

    +44.2% vs 2024

  • Profit / (loss) for the year

    ZAR 3.85 billion

    3,851 ZAR millions · p15

    +27.9% vs 2024

  • Total assets

    ZAR 27.0 billion

    26,955 ZAR millions · p17

    +1.2% vs 2024

  • Total equity

    ZAR 17.2 billion

    17,239 ZAR millions · p17

    −6.4% vs 2024

  • Cash from operations

    ZAR 2.28 billion

    2,280 ZAR millions · p20

    −22.8% vs 2024

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 millions 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 30 Sep 2025 — annual report, signed / final; reported for the year · source
  • FY to 30 Sep 2024 — annual report, signed / final; comparative in the FY to 30 Sep 2025 filing · source

Income statement

Income statement, ZAR millions. Columns: FY to 30 Sep 2025 — annual report (signed / final), as reported for the year; FY to 30 Sep 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 30 Sep 2025Annual reportreported for the yearFY to 30 Sep 2024Annual reportcomparative in FY to 30 Sep 2025 filing
Total revenue 34,3921 33,4942
Total cost of sales (23,620) (23,740)
Gross profit 10,7721 9,7542
Sales and distribution expenses3 (4,386) (4,377)
Marketing expenses4 (900) (805)
Other operating expenses (1,812)5 (1,848)6
Sundry income7 157 94
Expected credit loss reversed 1 20
Operating income before impairments and non-operational items8 3,832 2,838
Impairments and fair value (loss)/gain9 (20) 2
Operating income after impairments10 3,812 2,840
Non-operational items11 63112 24213
Profit including non-operational items14 4,44315 3,08216
Finance costs (72)17 (309)18
Finance income 13719 2220
Foreign exchange gain/(loss) 10721 (49)22
Investment income23 19 22
Income from associated companies 376 724
Profit on disposal of associate24 996 –25
Profit before taxation 6,00626 3,49227
Taxation (1,912)28 (724)29
Profit for the year from continuing operations30 4,094 2,768
(Loss)/profit for the year from discontinued operations31 (243) 244
Profit for the year 3,85132 3,01233
Non-controlling interest34 34 29
Other comprehensive income/(loss), net of tax 8435 (294)36
Foreign currency translation reserve (FCTR) adjustments37 6 (48)
Share of associates other comprehensive income/(loss) and FCTR38 167 (245)
Loss on FVOCI* financial assets39 (96) (15)
Net gain on cash flow hedges40 –41 2
Tax effect42 17 3
Foreign currency translation reserve (FCTR) adjustments43 –41 18
Remeasurement raised in terms of IAS 19R144 (14) (12)
Tax effect42 4 3
Total comprehensive income for the year, net of tax 3,93545 2,71846
Owners of the parent47 3,895 2,699
Non-controlling interests48 40 19
  1. Printed “–”, read as nil: subtotal_arithmetic: is.profit_before_tax.
  2. Printed “–”, read as nil: subtotal_arithmetic: is.other_comprehensive_income.
Notes and alternative reported figures (46)
  1. Audited financial statements dated 2025-11-25 prints 3 585 (millions, p14) for this line and year.
  2. Audited financial statements dated 2025-11-25 prints 2 105 (millions, p14) for this line and year.
  3. “Sales and distribution expenses”: mapping to a shared definition is uncertain. Printed 'Sales and distribution expenses'.
  4. “Marketing expenses” is an issuer-specific line, not mapped to a shared definition: Operating expense line.
  5. Audited financial statements dated 2025-11-25 prints (22) (millions, p14) for this line and year.
  6. Audited financial statements dated 2025-11-25 prints (26) (millions, p14) for this line and year.
  7. “Sundry income”: mapping to a shared definition is uncertain. Printed 'Sundry income' (note 2.3).
  8. “Operating income before impairments and non-operational items” is an issuer-specific line, not mapped to a shared definition: Note 2.4; printed subtotal.
  9. “Impairments and fair value (loss)/gain” is an issuer-specific line, not mapped to a shared definition: Note 2.5.
  10. “Operating income after impairments” is an issuer-specific line, not mapped to a shared definition: Printed subtotal.
  11. “Non-operational items” is an issuer-specific line, not mapped to a shared definition: Note 2.4.
  12. Audited financial statements dated 2025-11-25 prints 795 (millions, p14) for this line and year.
  13. Audited financial statements dated 2025-11-25 prints (155) (millions, p14) for this line and year.
  14. “Profit including non-operational items”: mapping to a shared definition is uncertain. Printed 'Profit including non-operational items', after impairments and non-operational items and before finance costs, finance income, foreign exchange, investment income and associates (p15).
  15. Audited financial statements dated 2025-11-25 prints 4 373 (millions, p14) for this line and year.
  16. Audited financial statements dated 2025-11-25 prints 2 318 (millions, p14) for this line and year.
  17. Audited financial statements dated 2025-11-25 prints (18) (millions, p14) for this line and year.
  18. Audited financial statements dated 2025-11-25 prints (1) (millions, p14) for this line and year.
  19. Audited financial statements dated 2025-11-25 prints 121 (millions, p14) for this line and year.
  20. Audited financial statements dated 2025-11-25 prints 57 (millions, p14) for this line and year.
  21. Audited financial statements dated 2025-11-25 prints 177 (millions, p14) for this line and year.
  22. Audited financial statements dated 2025-11-25 prints (57) (millions, p14) for this line and year.
  23. “Investment income” is an issuer-specific line, not mapped to a shared definition: Below profit including non-operational items.
  24. “Profit on disposal of associate” is an issuer-specific line, not mapped to a shared definition: Note 5.2.5; 2024 printed '-'.
  25. Audited financial statements dated 2025-11-25 prints 4 653 (millions, p14) for this line and year.
  26. Audited financial statements dated 2025-11-25 prints 2 317 (millions, p14) for this line and year.
  27. Audited financial statements dated 2025-11-25 prints (76) (millions, p14) for this line and year.
  28. Audited financial statements dated 2025-11-25 prints (12) (millions, p14) for this line and year.
  29. “Profit for the year from continuing operations” is an issuer-specific line, not mapped to a shared definition: Printed subtotal.
  30. “(Loss)/profit for the year from discontinued operations” is an issuer-specific line, not mapped to a shared definition: Note 13.1.
  31. Audited financial statements dated 2025-11-25 prints 4 577 (millions, p14) for this line and year.
  32. Audited financial statements dated 2025-11-25 prints 2 305 (millions, p14) for this line and year.
  33. “Non-controlling interest” is an issuer-specific line, not mapped to a shared definition: Printed under 'Attributable to:'.
  34. Audited financial statements dated 2025-11-25 prints – (millions, p15) for this line and year.
  35. Audited financial statements dated 2025-11-25 prints 3 (millions, p15) for this line and year.
  36. “Foreign currency translation reserve (FCTR) adjustments” is an issuer-specific line, not mapped to a shared definition: OCI that may be reclassified.
  37. “Share of associates other comprehensive income/(loss) and FCTR” is an issuer-specific line, not mapped to a shared definition: OCI that may be reclassified.
  38. “Loss on FVOCI* financial assets” is an issuer-specific line, not mapped to a shared definition: OCI that may be reclassified.
  39. “Net gain on cash flow hedges” is an issuer-specific line, not mapped to a shared definition: OCI that may be reclassified; 2025 printed '-'.
  40. “Tax effect” is an issuer-specific line, not mapped to a shared definition: Note 3.3.
  41. “Foreign currency translation reserve (FCTR) adjustments” is an issuer-specific line, not mapped to a shared definition: OCI not reclassified; 2025 printed '-'.
  42. “Remeasurement raised in terms of IAS 19R1” is an issuer-specific line, not mapped to a shared definition: OCI not reclassified; footnote 1: net actuarial loss and asset-ceiling loss.
  43. Audited financial statements dated 2025-11-25 prints 4 577 (millions, p15) for this line and year.
  44. Audited financial statements dated 2025-11-25 prints 2 308 (millions, p15) for this line and year.
  45. “Owners of the parent” is an issuer-specific line, not mapped to a shared definition: Statement of comprehensive income.
  46. “Non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Statement of comprehensive income.

Balance sheet

Balance sheet, ZAR millions. Columns: FY to 30 Sep 2025 — annual report (signed / final), as reported for the year; FY to 30 Sep 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 30 Sep 2025Annual reportreported for the yearFY to 30 Sep 2024Annual reportcomparative in FY to 30 Sep 2025 filing
Property, plant and equipment 5,946 5,782
Right-of-use assets^ 315 414
Goodwill1 1,612 1,652
Intangible assets 1,245 1,369
Investments2 7783 3,9064
Investments in associated companies 3135 3,3475
Other investments6 4547 5468
Loans9 1110 1311
Deferred taxation asset –12 36
Current assets 15,08813 13,42314
Inventories 6,042 7,423
Trade and other receivables 4,17015 4,27716
Tax receivable^ 2610 6717
Short-term investments 1,78118 3110
Cash and cash equivalents 3,06919 1,62520
Assets classified as held for sale21 1,971 41
Total assets 26,95522 26,62323
Issued capital and reserves 16,984 18,210
Ordinary share capital and share premium24 17 18
Non-distributable reserves25 36110 3,23426
Accumulated profits 18,33027 16,84928
Tiger Brands Limited shares held by subsidiary29 (813) (933)
Tiger Brands Limited shares held by empowerment entities30 (1,456) (1,463)
Share-based payment reserve31 54532 50533
Non-controlling interests 255 217
Total equity 17,23934 18,42735
Non-current liabilities 74336 89137
Deferred taxation liability 25710 36037
Post-retirement medical aid obligations – long term^38 245 228
Long-term borrowings 241 303
Current liabilities 8,62639 7,30540
Trade and other payables 6,29341 4,88042
Rebates and incentives accruals^43 1,040 929
Employee-related accruals44 564 465
Post-retirement medical aid obligations – short term^45 25 23
Taxation 58826 6910
Short-term borrowings 116 939
Liabilities directly associated with assets classified as held for sale46 347 –47
Total equity and liabilities 26,95522 26,62323
  1. Printed “–”, read as nil: subtotal_arithmetic: bs.total_assets.
  2. Printed “–”, read as nil: subtotal_arithmetic: bs.total_equity_and_liabilities.
Notes and alternative reported figures (45)
  1. “Goodwill” is an issuer-specific line, not mapped to a shared definition: Note 5.1.
  2. “Investments” is an issuer-specific line, not mapped to a shared definition: Non-current subtotal printed above associated companies, other investments and loans.
  3. Audited financial statements dated 2025-11-25 prints 2 749 (millions, p16) for this line and year.
  4. Audited financial statements dated 2025-11-25 prints 2 598 (millions, p16) for this line and year.
  5. Audited financial statements dated 2025-11-25 prints 97 (millions, p16) for this line and year.
  6. “Other investments” is an issuer-specific line, not mapped to a shared definition: Note 4.2: non-current.
  7. Audited financial statements dated 2025-11-25 prints 2 652 (millions, p16) for this line and year.
  8. Audited financial statements dated 2025-11-25 prints 2 500 (millions, p16) for this line and year.
  9. “Loans” is an issuer-specific line, not mapped to a shared definition: Note 4.3: non-current; 2025 printed '–'.
  10. Audited financial statements dated 2025-11-25 prints – (millions, p16) for this line and year.
  11. Audited financial statements dated 2025-11-25 prints 1 (millions, p16) for this line and year.
  12. Audited financial statements dated 2025-11-25 prints 3 690 (millions, p16) for this line and year.
  13. Audited financial statements dated 2025-11-25 prints 223 (millions, p16) for this line and year.
  14. Audited financial statements dated 2025-11-25 prints 31 (millions, p16) for this line and year.
  15. Audited financial statements dated 2025-11-25 prints 15 (millions, p16) for this line and year.
  16. Audited financial statements dated 2025-11-25 prints 3 (millions, p16) for this line and year.
  17. Audited financial statements dated 2025-11-25 prints 1 425 (millions, p16) for this line and year.
  18. Audited financial statements dated 2025-11-25 prints 2 234 (millions, p16) for this line and year.
  19. Audited financial statements dated 2025-11-25 prints 205 (millions, p16) for this line and year.
  20. “Assets classified as held for sale” is an issuer-specific line, not mapped to a shared definition: Note 13.2; printed after current assets; 2024 restated 41.
  21. Audited financial statements dated 2025-11-25 prints 11 052 (millions, p16) for this line and year.
  22. Audited financial statements dated 2025-11-25 prints 9 485 (millions, p16) for this line and year.
  23. “Ordinary share capital and share premium”: mapping to a shared definition is uncertain. Ordinary share capital and share premium printed as one line.
  24. “Non-distributable reserves” is an issuer-specific line, not mapped to a shared definition: Equity; 2025 printed '–'.
  25. Audited financial statements dated 2025-11-25 prints 4 (millions, p16) for this line and year.
  26. Audited financial statements dated 2025-11-25 prints 7 930 (millions, p16) for this line and year.
  27. Audited financial statements dated 2025-11-25 prints 8 975 (millions, p16) for this line and year.
  28. “Tiger Brands Limited shares held by subsidiary” is an issuer-specific line, not mapped to a shared definition: Note 7.4; equity (negative).
  29. “Tiger Brands Limited shares held by empowerment entities” is an issuer-specific line, not mapped to a shared definition: Note 7.4; equity (negative).
  30. “Share-based payment reserve” is an issuer-specific line, not mapped to a shared definition: Equity.
  31. Audited financial statements dated 2025-11-25 prints 426 (millions, p16) for this line and year.
  32. Audited financial statements dated 2025-11-25 prints 424 (millions, p16) for this line and year.
  33. Audited financial statements dated 2025-11-25 prints 8 373 (millions, p16) for this line and year.
  34. Audited financial statements dated 2025-11-25 prints 9 421 (millions, p16) for this line and year.
  35. Audited financial statements dated 2025-11-25 prints 30 (millions, p16) for this line and year.
  36. Audited financial statements dated 2025-11-25 prints 6 (millions, p16) for this line and year.
  37. “Post-retirement medical aid obligations – long term^” is an issuer-specific line, not mapped to a shared definition: Note 9.4; non-current.
  38. Audited financial statements dated 2025-11-25 prints 2 649 (millions, p16) for this line and year.
  39. Audited financial statements dated 2025-11-25 prints 58 (millions, p16) for this line and year.
  40. Audited financial statements dated 2025-11-25 prints 33 (millions, p16) for this line and year.
  41. Audited financial statements dated 2025-11-25 prints 27 (millions, p16) for this line and year.
  42. “Rebates and incentives accruals^” is an issuer-specific line, not mapped to a shared definition: Note 4.10; current.
  43. “Employee-related accruals” is an issuer-specific line, not mapped to a shared definition: Note 4.11; current.
  44. “Post-retirement medical aid obligations – short term^” is an issuer-specific line, not mapped to a shared definition: Note 9.4; current.
  45. “Liabilities directly associated with assets classified as held for sale” is an issuer-specific line, not mapped to a shared definition: Note 13.2; 2024 printed '-'.

Cash flow

Cash flow, ZAR millions. Columns: FY to 30 Sep 2025 — annual report (signed / final), as reported for the year; FY to 30 Sep 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 30 Sep 2025Annual reportreported for the yearFY to 30 Sep 2024Annual reportcomparative in FY to 30 Sep 2025 filing
Cash operating profit1 5,9232 4,7153
Working capital changes4 1,186 746
Cash generated from operations 7,1095 5,4616
Finance income received^7 1408 289
Income from investments received^10 19 22
Finance costs paid11 (72)12 (316)13
Dividends received from associated companies and subsidiaries14 20 229
Taxation paid (1,388)15 (869)16
Cash available from operations17 5,82818 4,55519
Dividends paid20 (3,548)21 (1,601)22
Net cash inflow from operating activities 2,28023 2,95424
Purchase of property, plant and equipment^ (1,172) (930)
Purchase of intangible assets^ (17) (40)
Funds held in escrow25 (2) 2
Proceeds on disposal of Baby Wellbeing26 575 –27
Proceeds on disposal of Carozzi28 4,383 –27
Proceeds on disposal of intangible assets29 –27 262
Proceeds on disposal of property, plant and equipment 37 40
Proceeds on disposal of investments30 27 3
Investments in dual currency deposits31 (4,344) –27
Proceeds from dual currency deposits32 2,584 –27
Purchase of investment33 –27 (2)
Proceeds from investment in unit trusts34 –27 4
Investment in unit trusts35 (54) –27
Net cash inflow/(outflow) from investing activities 2,01736 (661)37
Net cash inflow before financing activities38 4,297 2,293
Repayment of principal portion of lease liabilities (360) (222)
Special purpose entity shares exercised39 6 7
Shares exercised relating to equity-settled scheme40 –41 (103)
Repurchase of Tiger Brands shares42 (1,523) (215)
Long-term borrowings paid43 –41 (1,002)
Short-term borrowings raised44 539 81345
Short-term borrowings paid46 (1,084)47 (965)45
Net cash outflow from financing activities (2,422)48 (1,687)45
Net increase in cash and cash equivalents 1,87549 60650
Effect of exchange rate changes on cash and cash equivalents (28)51 (70)52
Cash and cash equivalents at the beginning of the year 1,38053 84454
Cash and cash equivalents at the end of the year55 3,22756 1,38053
Short-term borrowings regarded as cash and cash equivalents57 (11) (245)
Discontinued operations (refer note 13)58 169 –59
  1. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
  2. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
  3. Printed “–”; reading unresolved, so no amount is shown. Printed dash in note 10.7: no discontinued operations at 30 September 2024 (cash and cash equivalents 1 380 = cash resources 1 625 less short-term borrowings 245).
Notes and alternative reported figures (56)
  1. “Cash operating profit” is an issuer-specific line, not mapped to a shared definition: Note 10.1.
  2. Audited financial statements dated 2025-11-25 prints 203 (millions, p18) for this line and year.
  3. Audited financial statements dated 2025-11-25 prints 36 (millions, p18) for this line and year.
  4. “Working capital changes” is an issuer-specific line, not mapped to a shared definition: Note 10.2.
  5. Audited financial statements dated 2025-11-25 prints 230 (millions, p18) for this line and year.
  6. Audited financial statements dated 2025-11-25 prints 52 (millions, p18) for this line and year.
  7. “Finance income received^”: mapping to a shared definition is uncertain. Printed 'Finance income received'; income from investments received is printed on its own line.
  8. Audited financial statements dated 2025-11-25 prints 101 (millions, p18) for this line and year.
  9. Audited financial statements dated 2025-11-25 prints 56 (millions, p18) for this line and year.
  10. “Income from investments received^” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  11. “Finance costs paid”: mapping to a shared definition is uncertain. Printed 'Finance costs paid', operating activities.
  12. Audited financial statements dated 2025-11-25 prints (18) (millions, p18) for this line and year.
  13. Audited financial statements dated 2025-11-25 prints (1) (millions, p18) for this line and year.
  14. “Dividends received from associated companies and subsidiaries” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  15. Audited financial statements dated 2025-11-25 prints (74) (millions, p18) for this line and year.
  16. Audited financial statements dated 2025-11-25 prints (17) (millions, p18) for this line and year.
  17. “Cash available from operations” is an issuer-specific line, not mapped to a shared definition: Operating subtotal before dividends paid.
  18. Audited financial statements dated 2025-11-25 prints 3 659 (millions, p18) for this line and year.
  19. Audited financial statements dated 2025-11-25 prints 1 746 (millions, p18) for this line and year.
  20. “Dividends paid”: mapping to a shared definition is uncertain. Printed 'Dividends paid' within operating activities; equals dividends on ordinary shares including non-controlling interests' share (3 548 = 3 546 + 2; statement of changes in equity, p18).
  21. Audited financial statements dated 2025-11-25 prints (4 100) (millions, p18) for this line and year.
  22. Audited financial statements dated 2025-11-25 prints (1 841) (millions, p18) for this line and year.
  23. Audited financial statements dated 2025-11-25 prints (441) (millions, p18) for this line and year.
  24. Audited financial statements dated 2025-11-25 prints (95) (millions, p18) for this line and year.
  25. “Funds held in escrow” is an issuer-specific line, not mapped to a shared definition: Investing.
  26. “Proceeds on disposal of Baby Wellbeing” is an issuer-specific line, not mapped to a shared definition: Investing; 2024 printed '-'.
  27. “Proceeds on disposal of Carozzi” is an issuer-specific line, not mapped to a shared definition: Investing (associate); 2024 printed '-'.
  28. “Proceeds on disposal of intangible assets” is an issuer-specific line, not mapped to a shared definition: Investing; 2025 printed '-'.
  29. “Proceeds on disposal of investments” is an issuer-specific line, not mapped to a shared definition: Investing.
  30. “Investments in dual currency deposits” is an issuer-specific line, not mapped to a shared definition: Investing; 2024 printed '-'.
  31. “Proceeds from dual currency deposits” is an issuer-specific line, not mapped to a shared definition: Investing; 2024 printed '-'.
  32. “Purchase of investment” is an issuer-specific line, not mapped to a shared definition: Investing; 2025 printed '-'.
  33. “Proceeds from investment in unit trusts” is an issuer-specific line, not mapped to a shared definition: Investing; 2025 printed '-'.
  34. “Investment in unit trusts” is an issuer-specific line, not mapped to a shared definition: Investing; 2024 printed '-'.
  35. Audited financial statements dated 2025-11-25 prints 1 467 (millions, p18) for this line and year.
  36. Audited financial statements dated 2025-11-25 prints 3 (millions, p18) for this line and year.
  37. “Net cash inflow before financing activities” is an issuer-specific line, not mapped to a shared definition: Printed subtotal: operating plus investing.
  38. “Special purpose entity shares exercised” is an issuer-specific line, not mapped to a shared definition: Financing.
  39. “Shares exercised relating to equity-settled scheme” is an issuer-specific line, not mapped to a shared definition: Financing; 2025 printed '-'.
  40. “Repurchase of Tiger Brands shares” is an issuer-specific line, not mapped to a shared definition: Note 7.2; financing.
  41. “Long-term borrowings paid” is an issuer-specific line, not mapped to a shared definition: Note 8.2; financing; 2025 printed '-'.
  42. “Short-term borrowings raised”: mapping to a shared definition is uncertain. Printed 'Short-term borrowings raised' (note 8.3: draw-down on facility).
  43. Audited financial statements dated 2025-11-25 prints – (millions, p18) for this line and year.
  44. “Short-term borrowings paid”: mapping to a shared definition is uncertain. Printed 'Short-term borrowings paid' (note 8.3: repayment of facility); long-term borrowings paid is printed on its own line.
  45. Audited financial statements dated 2025-11-25 prints (539) (millions, p18) for this line and year.
  46. Audited financial statements dated 2025-11-25 prints 1 032 (millions, p18) for this line and year.
  47. Audited financial statements dated 2025-11-25 prints 2 058 (millions, p18) for this line and year.
  48. Audited financial statements dated 2025-11-25 prints (92) (millions, p18) for this line and year.
  49. Audited financial statements dated 2025-11-25 prints (29) (millions, p18) for this line and year.
  50. Audited financial statements dated 2025-11-25 prints (57) (millions, p18) for this line and year.
  51. Audited financial statements dated 2025-11-25 prints 205 (millions, p18) for this line and year.
  52. Audited financial statements dated 2025-11-25 prints 354 (millions, p18) for this line and year.
  53. “Cash and cash equivalents at the end of the year”: mapping to a shared definition is uncertain. Note 10.7: cash resources less short-term borrowings regarded as cash and cash equivalents plus cash of discontinued operations (p87).
  54. Audited financial statements dated 2025-11-25 prints 2 234 (millions, p18) for this line and year.
  55. “Short-term borrowings regarded as cash and cash equivalents” is an issuer-specific line, not mapped to a shared definition: Note 10.7: deducted from cash resources in cash and cash equivalents of the statement of cash flows.
  56. “Discontinued operations (refer note 13)” is an issuer-specific line, not mapped to a shared definition: Note 10.7: 'Discontinued operations (refer note 13)', added to cash resources; 2024 printed '-'.

Per share and shares

Per share and shares. Columns: FY to 30 Sep 2025 — annual report (signed / final), as reported for the year; FY to 30 Sep 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 30 Sep 2025Annual reportreported for the yearFY to 30 Sep 2024Annual reportcomparative in FY to 30 Sep 2025 filing
Earnings / (loss) per share (per share)41 24.822 19.143
Profit / (loss) attributable to shareholders (ZAR millions)5 3,817 2,983
  1. Printed as 2 482 cents; value converted to ZAR at 100 cents = 1 ZAR.
  2. Printed as 1 914 cents; value converted to ZAR at 100 cents = 1 ZAR.
Notes and alternative reported figures (3)
  1. “Basic earnings per ordinary share (cents)”: mapping to a shared definition is uncertain. Basic earnings per ordinary share (2 482 cents; 2024: 1 914); diluted is printed separately and differs (2 449; 2024: 1 888), kept as a native concept.
  2. Earnings / (loss) per share: printed as “Basic earnings per ordinary share (cents)”.
  3. Profit / (loss) attributable to shareholders: printed as “Owners of the parent”.

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
30 Sep 2025 Dividends paid (cash flow statement) Dividends paid (3,548) ZAR millions Annual report, p20
30 Sep 2024 Dividends paid (cash flow statement) Dividends paid (1,601) ZAR millions Annual report, p20

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.

  • Tiger Brands Limited Company Annual Financial Statements 2025 for the year ended 30 September 2025

    Year ended 30 September 2025 · Audited financial statements · signed / final

    Audit: Deloitte & Touche, unmodified opinion · signed

    Auditor's sign-off: Deloitte & Touche (DocuSign script signature); Per Martin Bierman, Partner, Registered Auditor

    Final status: The independent auditor's report of Deloitte & Touche to the shareholders of Tiger Brands Limited (unmodified opinion on the company's financial statements, PDF p10) closes on PDF p12 with a DocuSign 'Deloitte & Touche' script signature (envelope reference shown) above the typeset 'Deloitte & Touche, Registered Auditor, Per Martin Bierman, Partner, 25 November 2025' (page image). The directors' approval (PDF p4) states approval by the board on 25 November 2025 and carries handwritten signatures above Geraldine Fraser-Moleketi (Chairman) and Tjaart Kruger (Chief executive officer) (page image). The audit covers the company (separate) statements only.

    Document date
    25 Nov 2025
    Auditor's report
    25 Nov 2025
    Board approval
    25 Nov 2025
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    not a column source (supplementary or comparison only)
    Basis
    company statements · ZAR millions (printed “R’million”)
    • The auditor states there are no key audit matters to communicate (PDF p11). No emphasis of matter, other matter or material uncertainty related to going concern paragraph is printed.
    • Cash flow statement (p18): dividends paid are within operating activities; 'Cash swept from subsidiaries' (2 555) is intra-group cash under the centralised cash management arrangement (footnote, p18); the exchange-rate effect is printed after the net increase.
    • Income statement (p14): total revenue (3 585; 2024: 2 105, mainly dividend income) equals gross profit; operating subtotals are printed 'Operating income before/after fair value gains' and 'Profit including non-operational items' (mapped to operating profit, ambiguous). No earnings per share is printed in the company statements. Statement of financial position (p16): no non-current assets total and no total liabilities are printed; 'Investments' (2 749) is printed above its three components; current assets, non-current liabilities and current liabilities totals are printed on their heading rows; 'Issued capital and reserves' (8 373) is printed as a heading total equal to total equity. Statement of comprehensive income (p15): the OCI total is printed above its two components.
    • SEPARATE STATEMENTS ONLY: this booklet holds the company (holding company) annual financial statements of Tiger Brands Limited; the group's consolidated statements are published separately ('note 2.4 of the group annual financial statements', PDF p7) and are not in this document. The auditor describes the company as 'mainly the investment holding company of the listed group' (p10). The controller should hold this filing until the consolidated statements are found.
    Technical details
    File
    54 pages, with a text layer
    SHA-256
    0a98fd766d6072940de0f7d906c88f424911dc2a5d7b32050742ee0fdeead0c7
    Entity as printed
    Tiger Brands Limited (Tiger Brands or the company) (Incorporated in the Republic of South Africa), Share code: TBS, ISIN: ZAE000071080 (PDF p52)
    Issuer copy
    retrieved 2026-10-08T18:54:21Z

  • Tiger Brands Limited Group annual financial statements 2025

    Year ended 30 September 2025 · Annual report · signed / final

    Audit: Deloitte & Touche, unmodified opinion · signed

    Auditor's sign-off: Deloitte & Touche, Registered Auditor, per Martin Bierman, Partner (DocuSigned)

    Final status: Independent auditor's report of Deloitte & Touche to the shareholders of Tiger Brands Limited on the consolidated financial statements (unmodified opinion, PDF p11) closes on PDF p13 with a DocuSigned 'Deloitte & Touche' script signature above 'Deloitte & Touche, Registered Auditor, Per: Martin Bierman, Partner, 25 November 2025' (page image). Directors' approval (PDF p4): approved by the board of directors on 25 November 2025, with handwritten signatures above Geraldine Fraser-Moleketi (Chairman) and Tjaart Kruger (Chief executive officer) (page image).

    Document date
    25 Nov 2025
    Auditor's report
    25 Nov 2025
    Board approval
    25 Nov 2025
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 30 Sep 2025, FY to 30 Sep 2024
    Basis
    consolidated statements · ZAR millions (printed “R'million”)
    • Cash and cash equivalents in the statement of cash flows (3 227; 2024: 1 380) are cash resources less short-term borrowings regarded as cash and cash equivalents plus cash of discontinued operations (note 10.7, p87); transcribed from the note as native lines and declared as the cash definition.
    • No non-current-assets subtotal and no total-liabilities line are printed (p17); non-current asset lines are transcribed within total assets and liabilities within total equity and liabilities. 'Profit including non-operational items' is mapped to operating profit (ambiguous); finance costs and income, foreign exchange, investment income, associates and the profit on disposal of an associate follow it (p15). The attribution of profit to owners and non-controlling interest is printed with continuing/discontinued splits, which are not transcribed. Dividends paid are presented within operating activities (p20).
    • Comparative columns of the income statement, statement of comprehensive income, statement of financial position (2024 and 2023) and statement of cash flows are headed 'Restated#': '# Restated for IFRS 5 discontinued operations disclosed in note 13.1 and the prior period restatements disclosed in note 12' (p15-p17, p20). Right-of-use assets, tax receivable, rebates and incentives accruals and the split of post-retirement medical aid obligations are represented separately (footnote ^, p17).
    • Group (consolidated) statements; the Company's separate statements are a separate booklet.
    Technical details
    File
    110 pages, with a text layer
    SHA-256
    4b80af74669954f286c5cc09b3b1c554587b72e7684775522be449c6a3f2f6c9
    Entity as printed
    Tiger Brands Limited and its subsidiaries (the group) (auditor's report, PDF p11)
    Issuer copy
    retrieved 2026-10-08T18:54:32Z

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) (17 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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