Below are the financial statements of Kumba Iron Ore, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of ZAR | 2024 | 2023 |
|---|---|---|
| Revenue | 68,529a | 86,234a |
| Operating expenses | -46,105a | -45,383a |
| Impairment reversal | 3,940a | 0a |
| Expected credit losses on financial assets | -3a | -146a |
| Operating profit | 26,361a | 40,705a |
| Finance income | 800a | 685a |
| Finance costs | -510a | -617a |
| Share of losses of equity-accounted joint venture and associate | -1a | -26a |
| Profit before taxation | 26,650a | 40,747a |
| Taxation | -7,375a | -10,942a |
| Profit for the year | 19,275a | 29,805a |
| Attributable to | — | — |
| Owners of Kumba | 14,699a | 22,725a |
| Non-controlling interests | 4,576a | 7,080a |
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