S

SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC

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SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
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Price: 292 Zac Market Closed
Market Cap: 7.1B Zac
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Balance Sheet

Balance Sheet Decomposition
SA Corporate Real Estate Fund Managers (Pty) Ltd

Current Assets 733.6m
Cash & Short-Term Investments 214.5m
Receivables 444.9m
Other Current Assets 74.2m
Non-Current Assets 19.2B
Long-Term Investments 18.3B
PP&E 82.5m
Intangibles 82.4m
Other Non-Current Assets 771.8m
Current Liabilities 1.4B
Accounts Payable 701.4m
Other Current Liabilities 673.6m
Non-Current Liabilities 7.5B
Long-Term Debt 7.5B

Balance Sheet
SA Corporate Real Estate Fund Managers (Pty) Ltd

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Balance Sheet
Currency: ZAR
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
31
47
130
275
108
84
57
111
80
63
Cash
31
47
48
0
63
43
42
25
41
60
Cash Equivalents
0
0
82
275
44
41
15
87
39
2
Short-Term Investments
0
0
173
216
266
119
111
125
229
152
Total Receivables
0
0
659
657
705
776
376
497
417
409
Accounts Receivables
0
0
34
351
75
113
105
73
68
95
Other Receivables
0
0
624
305
630
663
271
424
349
315
Inventory
0
0
0
0
0
0
0
0
0
0
Other Current Assets
0
0
10
13
30
23
31
23
242
109
Total Current Assets
0
0
972
1 160
1 109
1 003
576
757
969
734
PP&E Net
0
0
8
17
16
29
34
26
54
82
PP&E Gross
0
0
8
0
16
29
34
26
54
82
Accumulated Depreciation
1
2
4
0
13
20
26
32
26
44
Intangible Assets
0
0
82
82
82
82
82
84
84
82
Note Receivable
0
0
176
322
245
230
236
323
289
321
Long-Term Investments
0
0
15 212
16 732
18 423
17 843
15 792
14 853
15 328
18 263
Other Long-Term Assets
0
0
539
1 077
520
608
1 314
1 083
810
451
Total Assets
0
N/A
0
N/A
16 989
N/A
19 391
+14%
20 396
+5%
19 794
-3%
18 033
-9%
17 126
-5%
17 534
+2%
19 933
+14%
Liabilities
Accounts Payable
0
0
302
349
463
441
314
306
423
504
Accrued Liabilities
0
0
0
0
0
0
30
63
8
11
Short-Term Debt
0
0
0
0
0
0
0
0
0
0
Current Portion of Long-Term Debt
0
0
1 169
1 192
1 791
902
1 110
46
46
665
Other Current Liabilities
0
0
8
19
22
39
323
259
328
195
Total Current Liabilities
0
0
1 479
1 560
2 277
1 382
1 777
674
806
1 375
Long-Term Debt
0
0
3 431
4 575
4 699
6 072
5 595
6 165
6 407
7 523
Deferred Income Tax
0
0
0
2
0
0
0
0
0
0
Minority Interest
0
0
0
0
17
0
0
0
0
0
Other Liabilities
6
0
8
245
559
349
568
221
0
0
Total Liabilities
0
N/A
0
N/A
4 919
N/A
6 382
+30%
7 517
+18%
7 803
+4%
7 940
+2%
7 060
-11%
7 213
+2%
8 898
+23%
Equity
Common Stock
6 776
7 998
8 649
0
9 215
9 158
9 143
9 129
9 138
9 126
Retained Earnings
827
1 983
3 421
0
3 664
2 833
950
937
1 183
1 909
Other Equity
0
0
0
13 009
0
0
0
0
0
0
Total Equity
0
N/A
0
N/A
12 070
N/A
13 009
+8%
12 879
-1%
11 992
-7%
10 093
-16%
10 066
0%
10 321
+3%
11 035
+7%
Total Liabilities & Equity
0
N/A
0
N/A
16 989
N/A
19 391
+14%
20 396
+5%
19 794
-3%
18 033
-9%
17 126
-5%
17 534
+2%
19 933
+14%
Shares Outstanding
Common Shares Outstanding
0
0
2 417
2 531
2 531
2 515
2 515
2 515
2 515
2 515

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