Page 125 - Profile's Stock Exchange Handbook - 2025 Issue 3
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Profile’s Stock Exchange Handbook: 2025 - Issue 3                         JSE - HAR

       Harmony Gold Mining Company Ltd.                       NUMBER OF EMPLOYEES: 46 078
                                                              DIRECTORS: Motsepe Dr P T (Chair, ne),
                                                               Nondumo K T (Dep Chair, ind ne), Msimang
                               ISIN: ZAE000015228              Dr M (ld ind ne), Nel B (Group CEO), Lekubo B
                               SHORT: HARMONY                  P (FD), Mashego Dr H E (Executive Director),
                               CODE: HAR                       Nqwababa B (ind ne), Pillay V P (ind ne),
                               REG NO: 1950/038232/06          Prinsloo M (ind ne), Sibiya G R (ind ne), Turner
                               FOUNDED: 1950                   P L (ind ne), Wetton J L (ind ne), Gule W M
                               LISTED: 1951                    (ind ne), Matlala Z (ind ne), Moshe M (ind ne)
                                                  Scan the QR code to   POPULAR BRAND NAMES: Harmony
       NATURE OF BUSINESS:                         visit our website  POSTAL ADDRESS: PO Box 2, Randfontein, 1760
       Harmony Gold Mining Company Ltd. (‘Harmony’) is a gold   EMAIL: HarmonyIR@harmony.co.za
       mining  specialist  with  a  growing  international  copper   WEBSITE: www.harmony.co.za
       footprint. The  company  has  operations  and  projects  in   TELEPHONE: 011-411-6073
       South Africa, Australia and Papua New Guinea (PNG), one   COMPANY SECRETARY: Shela Mohatla
                                                  TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
       of the world’s premier new gold-copper regions. Harmony   SPONSOR: JP Morgan Equities South Africa (Pty) Ltd.
       is  South  Africa’s  largest  gold  producer  by  volume  and   AUDITORS: Ernst & Young Inc.
       a  global  leader  in  secondary  mining  through  our  gold   BANKERS: Nedbank Ltd.
       tailings retreatment business.             SEGMENTAL REPORTING as at 31 Dec 24 (as a % of Revenue)
       Our shares are listed on the Johannesburg Stock Exchange   South Africa      89.75%
                                                   International
                                                                                    10.25%
       (JSE) (HAR) and our American Depositary shares trade on
       the New York Stock Exchange (NYSE) (HMY).   CALENDAR               Expected   Status
                                                                                    Confirmed
       In FY24, Harmony produced 1.56Moz of gold and at year   Next Final Results  28 Aug 2025  Unconfirmed
                                                  Annual General Meeting
                                                                          Nov 2025
       end  employed  46  078  people.  Harmony’s  attributable   Next Interim Results  Mar 2026  Unconfirmed
       gold  and  gold  equivalent  Mineral  Reserves  amount  to
       40.3Moz as at 30 June 2024.                CAPITAL STRUCTURE      Authorised   Issued
                                                  HAR     Ords no par value    1 200 000 000     634 767 724
       SECTOR: Basic Materials--Basic Resrcs--Precious Met & Min--Gold Min  DISTRIBUTIONS [ZARc]
       MAJOR ORDINARY SHAREHOLDERS as at 30 May 2025   Ords no par value  Ldt  Pay     Amt
        Public Investment Corporation    16.12%   Interim No 96   8 Apr 25  14 Apr 25  227.00
        African Rainbow Minerals Ltd.    11.76%   Final No 95     8 Oct 24  14 Oct 24  94.00
        Van Eck Associate Corporation    9.96%    Interim No 94   9 Apr 24  15 Apr 24  147.00
       FINANCIAL STATISTICS                       Final No 93    10 Oct 23  16 Oct 23  75.00
                   Dec 24   Jun 24  Jun 23   Jun 22   Jun 21
       (R million)                                LIQUIDITY: Jun25 Avg 13m shares p.w., R2 664.4m(106.2% p.a.)
                   Interim  Final  Final  Final  Final
       Wrk Revenue  37 141  61 379  49 275  42 645  41 733  HARMONY  40 Week MA  MINI  35000
       Wrk Pft      10 003  11 676  7 094  - 755  6 450
       NetIntPd(Rcd)  - 319  - 13  331  366  330                                      30000
       Tax           2 420  3 082  1 723  - 46  1 258                                 25000
       Minority Int   72   101   63    40    37                                       20000
       Att Inc       7 857  8 587  4 820  - 1 052  5 087
       TotCompIncLoss  5 367  7 268  4 803  - 810  8 375                              15000
       Ord SH Int   45 826  40 774  34 757  30 039  31 160                            10000
       Minority Int  218   175   123   78    54                                       5000
       LT Liab      10 375  9 201  13 199  10 130  9 858
       Def Inc & Tax  3 169  2 951  2 294  1 586  2 178  2021  2022  2023  2024   2025  0
       Cap Employed  59 588  53 101  50 373  41 833  43 250
       Total PPE    44 003  41 348  41 507  32 872  33 597  RECENT ANNOUNCEMENTS
       Inv In Assoc  140   165   111   125  126
       Inv & Loans   6 976  6 494  6 121  5 555  5 232  Monday, 23 June 2025: Beyers Nel, chief executive officer of
       Def Tax Asset  165  140   189   203  272     Harmony Gold Mining Company Ltd. (“Harmony” and/or
       Other Ass     482   797   601   511  660     the “Company”), provides a pre-year-end update ahead
       Tot Curr Ass  17 118  11 497  8 678  7 494  8 551
       CurLiabExclCsh  9 308  7 359  6 867  4 975  5 553  of the financial year-end on 30 June 2025 (“FY25”).
       PER SHARE STATISTICS (cents per share)       As we near the end FY25, total production for the group
       EPS (ZARc)  1 265.00  1 386.00  780.00  - 172.00  842.00  is  expected  to  meet  the  FY25  guidance  of  between
       HEPS-C (ZARc)  1 270.00  1 852.00  800.00  499.00  987.00  1 400 000 to 1 500 000 ounces, while all-in-sustaining
       Pct chng p.a.   -  131.5  60.3  - 49.4  740.9  costs  will  come  in  comfortably  between  the  guided
       Tr 5yr av grwth %  -  141.6  119.1  98.5  115.4  range of R1 020 000/kg to R1 100 000/kg. Underground
       DPS (ZARc)   227.00  241.00  75.00  62.00  137.00
       Pct chng p.a.   -  221.3  21.0  - 54.7  -    recovered grades will be higher than the guided 6g/t
       Tr 5yr av grwth %  -  37.5  - 6.8  - 30.9  - 6.0  while  total  capital  expenditure  for  the  year  will  be
       NAV (ZARc)  7 219.33  6 445.11 5 623.46  4 872.30  5 058.01  slightly below the guided R10.8 billion.
       3 Yr Beta     1.33  1.55  1.12  1.96  1.73  Tuesday,  27  May  2025:  Harmony  announced  that  it  has
       Price Prd End  15 068  16 805  7 925  5 197  5 276  entered into a binding agreement to acquire, through
       Price High   21 292  18 642  9 969  8 265  12 495
       Price Low    15 068  6 584  3 412  4 387  5 188  its wholly owned Australian subsidiary Harmony Gold
       RATIOS                                       (Australia)  (Pty)  Ltd.,  100%  of  the  securities  in  MAC
       Ret on SH fund  34.44  21.22  14.00  - 3.36  16.42  Copper Ltd. (“MAC”), a Jersey-registered company, at a
       Ret on Tot Ass  30.05  19.47  11.55  - 2.26  13.18  price of USD12.25 per MAC share in cash (“Transaction”).
       Oper Pft Mgn  26.93  19.02  14.40  - 1.77  15.46  The  Transaction  implies  a  total  equity  value  for  MAC
       D:E           0.23  0.22  0.38  0.34  0.33   of  USD1.03  billion  (approximately  R18.4  billion).  MAC
       Interest Cover  31.36  898.15  20.79  - 2.06  20.09
       Current Ratio  1.84  1.56  1.26  1.51  1.54  is  listed  on  the  New  York  Stock  Exchange  under  the
       Dividend Cover  5.57  5.75  10.40  - 2.77  6.15  symbol  MTAL  and  the  Australian  Securities  Exchange
       Yield (g/ton)  0.96  0.95  0.88  0.86  0.97  under  the  symbol  MAC  (trading  as  CHESS  Depositary
       Ton Mll (‘000)  25 945  51 319  52 135  53 801  49 253  Interests). MAC has a 100% interest in the CSA Copper
       Output (kg)  24 816  48 578  45 651  46 236  47 755  Mine,  its  sole  asset,  which  is  located  ~700km  west-
       Price Received  1 405 020 1 201 653 1 032 646  894 218  851 045
       WrkCost(R/kg)  813 791  758 736  735 634  701 024  600 592  northwest of Sydney in the Cobar Region of New South
                                                    Wales, Australia.
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