Investor Presentaiton

Annual Financial Statements South African NATIONAL PARKS Current assets are R2.4 billion (R2.6 billion - 2019/2020) and are 10% less than the previous year, mainly due to a decrease in cash balances. SANParks' current assets are more significant than its current liabilities. The acid test ratio is 1.60:1; indicating that SANParks can meet its current obligations using its liquid assets. The current ratio is 1.63:1 compared to 1.56:1 in the previous year. The debtors' collection period has declined from 17 to 61 days. This is mainly due to concessionaires who were not able to meet their obligations due to the impact of lockdowns on their operations; some of the concessionaires applied for a relief which was subsequently granted. Current liabilities are R1,458 billion (R1,693 billion - 2019/2020) and are 16% less than the previous year, mainly due to a decrease in operating costs. Non-current liabilities amount to R888 million (R873 million 2019/2020). The increase is mainly due to the increase in employee benefit obligation. - • It takes SANParks an average of 26 days to settle trade account payables; this complies with the PFMA and National Treasury Regulations, which require invoices to be paid within 30 days. Millions 3,500 3,000 2,500 2,000 1,500 1,000 500 Net Assets (millions) 3,147 2,372 1,459 888 CURRENT ASSETS NON-CURRENT ASSETS CURRENT LIABILITIES NON-CURRENT LIABILITIES 60 50

View entire presentation