v3.26.1
Non-controlling interests (Tables)
12 Months Ended
Dec. 31, 2025
Non-Controlling Interests [Abstract]  
Schedule of subsidiaries related to non-controlling interests The Group’s NCI relates to the following subsidiaries:
Figures in million – SA rand
Notes
2025
2024
2023
NCI of DRDGOLD
26.1
4,916
3,396
2,634
NCI of Keliber
26.1
(282)
908
237
NCI of Group Technical Security Management
7
6
6
Total NCI
4,641
4,310
2,877
Schedule of summarised financial information of subsidiary groups The summarised financial information of DRDGOLD and Keliber is provided below. This information is based on amounts before
intercompany eliminations.
Figures in million – SA rand
2025
2024
2023
DRDGOLD Limited
Revenue
9,129
7,068
5,816
Profit for the year
3,199
1,713
1,333
Total comprehensive income
3,510
1,707
1,348
Profit attributable to NCI
1,593
852
662
Net increase/(decrease) in cash and cash equivalents
1,073
(868)
(863)
Dividends paid
301
171
363
Non-current assets
11,697
8,673
5,523
Current Assets
2,951
1,620
2,751
Non-current liabilities
(2,988)
(2,021)
(1,329)
Current liabilities
(981)
(672)
(730)
Net assets
10,679
7,600
6,215
Figures in million – SA rand
2025
2024
2023
Keliber Oy
Revenue
(Loss)/profit for the year
(7,750)
552
(429)
Total comprehensive income
(7,437)
329
3
(Loss)/profit attributable to NCI
(1,250)
672
(352)
Net (decrease)/increase in cash and cash equivalents
(1,215)
(116)
145
Dividends paid
Non-current assets
9,266
10,995
5,000
Current Assets
1,235
2,782
2,511
Non-current liabilities
(9,814)
(6,152)
(1,219)
Current liabilities
(2,092)
(1,586)
(582)
Net (liabilities)/assets
(1,405)
6,039
5,710
Schedule of non controlling interest effect on accumulated profits The table below summarises the above transactions that occurred during 2023 and the impact thereof on the equity attributable to the
owners of Sibanye-Stillwater:
Figures in million – SA rand
2023
Rights issue and voluntary offers
Cash consideration paid on rights issue subscription by the Group
(1,009)
Payment eliminated on consolidation
1,009
Cash consideration received from rights issue subscription by NCI
1,096
Cash consideration paid by the Group to NCI on voluntary offer
(103)
Net cash received by the Group
993
Net reattribution of equity (accumulated profit and foreign currency translation reserve)
(596)
Net increase in equity attributable to the owners of Sibanye-Stillwater as a result of the transactions with Keliber
shareholders
397
Increase in accumulated profit
463
Decrease in foreign currency translation reserve
(66)
Increase in NCI
700
Net increase in total equity as a result of the transactions with Keliber shareholders
1,097
The table below illustrates the effect of the remaining interest acquired in Century on equity attributable to the owners of Sibanye-Stillwater
for the year ended 31 December 2023:
Figures in million – SA rand
2023
Consideration paid for acquiring the remaining 49.85% interest in Century
(906)
Carrying value of NCI
914
Total impact on equity attributable to owners of Sibanye-Stillwater1
8
1The amount includes R13 million increase on accumulated profit and R5 million decrease on other reserves in respect of foreign currency translation reserve