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BINRA - Correction Announcement: Notice of Availability of Annual Financial Statements
The South African National Roads Agency SOC Limited
Incorporated in the Republic of South Africa
(Registration number 1998/009584/30)
Alpha code: BINRA
("SANRAL" or the "Company")
CORRECTION ANNOUNCEMENT: NOTICE OF AVAILABILITY OF ANNUAL FINANCIAL
STATEMENTS
SANRAL hereby notifies its debt investors that it has publicly released its Integrated Report 2025,
incorporating the audited annual financial statements ("AFS") for the year ended 31 March 2025.
The Auditor-General of South Africa, being the auditor of SANRAL, has issued an unqualified audit
report and has concluded that SANRAL's annual financial statements present fairly, in all material
respects, the financial position of the Company as at 31 March 2025.
The matters raised in the audit report and the auditors' opinion was not modified in respect of the
emphasis of matter relating to the material impairments of R28,8 billion which were recognised as a as
a result of expected credit losses from toll debtors.
The Integrated Report 2025, incorporating the AFS and the audit report, are available on SANRAL's
website at https://www.nra.co.za/integrated-report?region_id=national and for inspection at SANRAL's
registered office.
10 October 2025
Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 10-10-2025 09:15:00
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