Interfront 2025 Annual Report

International Frontier Technologies SOC Ltd Trading as Interfront Financial Statements for the year ended 31 March 2025 135 FINANCIAL INFORMATION Statement of Financial Position as at 31 March 2025 Assets Figures in Rand Note(s) 2025 2024 Assets Current Assets Current tax receivable 4 101 816 191 631 Receivables from exchange transactions 5 22 658 914 41 384 220 Cash and cash equivalents 6 59 036 719 29 740 368 81 797 449 71 316 219 Non‑Current Assets Property, plant and equipment 7 11 405 163 10 903 376 Intangible assets 8 217 069 1 572 280 Deferred tax 9 4 171 804 3 575 323 15 794 036 16 050 979 Total Assets 97 591 485 87 367 198 Liabilities Figures in Rand Note(s) 2025 2024 Liabilities Current Liabilities Operating lease liability 10 186 295 252 026 Payables from exchange transactions 11 13 585 346 12 397 510 VAT payable 12 4 364 862 4 615 578 Provisions 13 17 445 532 14 812 639 35 582 035 32 077 753 Non‑Current Liabilities Operating lease liability 10 90 283 276 578 Total Liabilities 35 672 318 32 354 331 Net Assets 61 919 167 55 012 867 Share capital/contributed capital 14 1 1 Accumulated surplus 61 919 166 55 012 866 Total Net Assets 61 919 167 55 012 867