Annual Report 2026
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY ended 31 January 2026, $'000 | 2025Group, FY ended 31 January 2025, $'000 | Source |
|---|---|---|---|
| Income statement | |||
| Revenue$'000 | 4,105 | 4,783 | PDF p. 42 |
| Cost of sales$'000 | (1,845) | (2,044) | PDF p. 42 |
| Gross profit$'000 | 2,260 | 2,739 | PDF p. 42 |
| Other income$'000 | 889 | 1,869 | PDF p. 42 |
| Marketing and distribution expenses$'000 | (1,994) | (3,374) | PDF p. 42 |
| General and administrative expenses$'000 | (1,680) | (1,954) | PDF p. 42 |
| Impairment loss (recognised)/ reversed | |||
| - plant and equipment$'000 | (16) | (145) | PDF p. 42 |
| - right-of-use assets$'000 | (138) | (1,097) | PDF p. 42 |
| - trade and other receivables$'000 | 28 | (1) | PDF p. 42 |
| Income statement | |||
| Bad debts written off$'000 | - | (17) | PDF p. 42 |
| Finance costs$'000 | (277) | (322) | PDF p. 42 |
| Loss before taxation$'000 | (928) | (2,302) | PDF p. 42 |
| Income tax$'000 | - | - | PDF p. 42 |
| Loss for the year, representing total comprehensive$'000 | (928) | (2,302) | PDF p. 42 |
| Loss per share (cents) | |||
| Diluted and basic loss per sharecents per share | (1.03) | (3.56) | PDF p. 42 |
Original report: PDF p. 42 ↗
Loss for the year is the total comprehensive loss attributable to equity holders of the Company; no other comprehensive income line is presented.
The annexed notes form an integral part of and should be read in conjunction with these financial statements.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, as at 31 January 2026, $'000 | 2025Group, as at 31 January 2025, $'000 | Source |
|---|---|---|---|
| Non-Current Assets | |||
| Plant and equipment$'000 | 15 | 33 | PDF p. 41 |
| Right-of-use assets$'000 | 64 | 122 | PDF p. 41 |
| Investment in subsidiaries$'000 | - | - | PDF p. 41 |
| Trade and other receivables$'000 | 64 | 170 | PDF p. 41 |
| Subtotal$'000 | 143 | 325 | PDF p. 41 |
| Current Assets | |||
| Trade and other receivables$'000 | 275 | 472 | PDF p. 41 |
| Inventories$'000 | 405 | 792 | PDF p. 41 |
| Cash and bank balances$'000 | 41 | 128 | PDF p. 41 |
| Subtotal$'000 | 721 | 1,392 | PDF p. 41 |
| Assets | |||
| Total assets$'000 | 864 | 1,717 | PDF p. 41 |
| Capital and Reserves | |||
| Share capital$'000 | 17,250 | 17,250 | PDF p. 41 |
| Convertible bond reserve$'000 | 2,500 | 2,500 | PDF p. 41 |
| Currency translation reserve$'000 | (3) | (3) | PDF p. 41 |
| Accumulated losses$'000 | (25,935) | (25,006) | PDF p. 41 |
| Equity attributable to owners of the Company$'000 | (6,188) | (5,259) | PDF p. 41 |
| Non-controlling interests$'000 | - | (1) | PDF p. 41 |
| Total equity$'000 | (6,188) | (5,260) | PDF p. 41 |
| Non-Current Liabilities | |||
| Provisions$'000 | 68 | 146 | PDF p. 41 |
| Lease liabilities$'000 | 174 | 538 | PDF p. 41 |
| Borrowings$'000 | 951 | 1,949 | PDF p. 41 |
| Subtotal$'000 | 1,193 | 2,633 | PDF p. 41 |
| Current Liabilities | |||
| Provisions$'000 | 7 | 18 | PDF p. 41 |
| Lease liabilities$'000 | 329 | 969 | PDF p. 41 |
| Borrowings$'000 | 2,352 | 231 | PDF p. 41 |
| Trade and other payables$'000 | 3,001 | 2,496 | PDF p. 41 |
| Contract liabilities$'000 | 170 | 630 | PDF p. 41 |
| Subtotal$'000 | 5,859 | 4,344 | PDF p. 41 |
| Liabilities | |||
| Total liabilities$'000 | 7,052 | 6,977 | PDF p. 41 |
| Equity and Liabilities | |||
| Total equity and liabilities$'000 | 864 | 1,717 | PDF p. 41 |
Original report: PDF p. 41 ↗
Printed on the same page as the Company columns; the Group columns are split into this table.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Company, as at 31 January 2026, $'000 | 2025Company, as at 31 January 2025, $'000 | Source |
|---|---|---|---|
| Non-Current Assets | |||
| Plant and equipment$'000 | - | - | PDF p. 41 |
| Right-of-use assets$'000 | - | - | PDF p. 41 |
| Investment in subsidiaries$'000 | - | - | PDF p. 41 |
| Trade and other receivables$'000 | - | - | PDF p. 41 |
| Current Assets | |||
| Trade and other receivables$'000 | - | 14 | PDF p. 41 |
| Inventories$'000 | - | - | PDF p. 41 |
| Cash and bank balances$'000 | - | - | PDF p. 41 |
| Subtotal$'000 | - | 14 | PDF p. 41 |
| Assets | |||
| Total assets$'000 | - | 14 | PDF p. 41 |
| Capital and Reserves | |||
| Share capital$'000 | 17,250 | 17,250 | PDF p. 41 |
| Convertible bond reserve$'000 | 2,500 | 2,500 | PDF p. 41 |
| Currency translation reserve$'000 | - | - | PDF p. 41 |
| Accumulated losses$'000 | (23,376) | (21,716) | PDF p. 41 |
| Equity attributable to owners of the Company$'000 | (3,626) | (1,966) | PDF p. 41 |
| Non-controlling interests$'000 | - | - | PDF p. 41 |
| Total equity$'000 | (3,626) | (1,966) | PDF p. 41 |
| Non-Current Liabilities | |||
| Provisions$'000 | - | - | PDF p. 41 |
| Lease liabilities$'000 | - | - | PDF p. 41 |
| Borrowings$'000 | 951 | 918 | PDF p. 41 |
| Subtotal$'000 | 951 | 918 | PDF p. 41 |
| Current Liabilities | |||
| Provisions$'000 | - | - | PDF p. 41 |
| Lease liabilities$'000 | - | - | PDF p. 41 |
| Borrowings$'000 | 1,000 | - | PDF p. 41 |
| Trade and other payables$'000 | 1,675 | 1,062 | PDF p. 41 |
| Contract liabilities$'000 | - | - | PDF p. 41 |
| Subtotal$'000 | 2,675 | 1,062 | PDF p. 41 |
| Liabilities | |||
| Total liabilities$'000 | 3,626 | 1,980 | PDF p. 41 |
| Equity and Liabilities | |||
| Total equity and liabilities$'000 | - | 14 | PDF p. 41 |
Original report: PDF p. 41 ↗
Company columns are the last two columns of the printed row; the quotes are the full printed rows including Group columns. A printed dash is preserved as '-'.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY ended 31 January 2026 | 2025Group, FY ended 31 January 2025 | Source |
|---|---|---|---|
| Income statement | |||
| Revenue$'000 | 4,105 | 4,783 | PDF p. 42 |
| Cost of sales$'000 | (1,845) | (2,044) | PDF p. 42 |
| Gross profit$'000 | 2,260 | 2,739 | PDF p. 42 |
| Other income$'000 | 889 | 1,869 | PDF p. 42 |
| Marketing and distribution expenses$'000 | (1,994) | (3,374) | PDF p. 42 |
| General and administrative expenses$'000 | (1,680) | (1,954) | PDF p. 42 |
| Impairment loss (recognised)/ reversed | |||
| - plant and equipment$'000 | (16) | (145) | PDF p. 42 |
| - right-of-use assets$'000 | (138) | (1,097) | PDF p. 42 |
| - trade and other receivables$'000 | 28 | (1) | PDF p. 42 |
| Income statement | |||
| Bad debts written off$'000 | - | (17) | PDF p. 42 |
| Finance costs$'000 | (277) | (322) | PDF p. 42 |
| Loss before taxation$'000 | (928) | (2,302) | PDF p. 42 |
| Income tax$'000 | - | - | PDF p. 42 |
| Total comprehensive loss | |||
| Loss for the year, representing total comprehensive loss attributable to equity holders of the Company$'000 | (928) | (2,302) | PDF p. 42 |
| Loss per share (cents) | |||
| Diluted and basic loss per sharecents | (1.03) | (3.56) | PDF p. 42 |
Original report: PDF p. 42 ↗
For the financial year ended 31 January 2026. Loss for the year equals total comprehensive loss attributable to equity holders of the Company; no separate OCI items printed.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY ended 31 January 2026 | 2025Group, FY ended 31 January 2025 | Source |
|---|---|---|---|
| Operating activities | |||
| Loss before taxation$'000 | (928) | (2,302) | PDF p. 44 |
| Operating activities - adjustments | |||
| Depreciation of plant and equipment$'000 | 24 | 43 | PDF p. 44 |
| Depreciation of right-of-use assets$'000 | 99 | 1,132 | PDF p. 44 |
| Gain on lease termination$'000 | (476) | - | PDF p. 44 |
| Operating activities - Impairment loss recognised/(reversed) | |||
| - plant and equipment$'000 | 16 | 145 | PDF p. 44 |
| - right-of-use assets$'000 | 138 | 1,097 | PDF p. 44 |
| - trade and other receivables$'000 | (28) | 1 | PDF p. 44 |
| Operating activities - adjustments | |||
| Inventory written off$'000 | 16 | 8 | PDF p. 44 |
| Bad debts written off$'000 | - | 17 | PDF p. 44 |
| Overprovision of reinstatement cost$'000 | (18) | (22) | PDF p. 44 |
| Loans and interest waived$'000 | - | (1,335) | PDF p. 44 |
| Payables written back$'000 | (282) | (244) | PDF p. 44 |
| Unwinding of interest on non-current loans$'000 | (55) | (156) | PDF p. 44 |
| Interest expenses$'000 | 215 | 290 | PDF p. 44 |
| Operating activities | |||
| Operating loss before working capital changes$'000 | (1,279) | (1,326) | PDF p. 44 |
| Changes in inventories$'000 | 371 | (93) | PDF p. 44 |
| Changes in trade and other receivables$'000 | 331 | (84) | PDF p. 44 |
| Changes in trade and other payables$'000 | 787 | 150 | PDF p. 44 |
| Changes in contract liabilities$'000 | (460) | (13) | PDF p. 44 |
| Changes in provisions$'000 | (71) | (26) | PDF p. 44 |
| Net cash used in operating activities$'000 | (321) | (1,392) | PDF p. 44 |
| Investing activity | |||
| Purchase of plant and equipment$'000 | (22) | (194) | PDF p. 44 |
| Net cash used in investing activity$'000 | (22) | (194) | PDF p. 44 |
| Financing activities | |||
| Issuance of ordinary shares$'000 | - | 2,350 | PDF p. 44 |
| Issuance of zero-coupon mandatory convertible loans$'000 | - | 2,500 | PDF p. 44 |
| Interest paid$'000 | (37) | (68) | PDF p. 44 |
| Repayment of lease liabilities$'000 | (707) | (1,361) | PDF p. 44 |
| Repayment of bank loan$'000 | - | (9) | PDF p. 44 |
| Loan from a previous controlling shareholder$'000 | - | 625 | PDF p. 44 |
| Repayment to Qiren Holdings Pte Ltd (“QRH”)$'000 | - | (3,436) | PDF p. 44 |
| Loans from major shareholders$'000 | 800 | 1,000 | PDF p. 44 |
| Loans from a third-party lender$'000 | 200 | - | PDF p. 44 |
| Net cash generated from financing activities$'000 | 256 | 1,601 | PDF p. 44 |
| Closing cash | |||
| Net (decrease)/increase in cash and cash equivalents$'000 | (87) | 15 | PDF p. 44 |
| Cash and cash equivalents at beginning of year$'000 | 128 | 113 | PDF p. 44 |
| Cash and cash equivalents at end of the year$'000 | 41 | 128 | PDF p. 44 |
Original report: PDF p. 44 ↗
For the financial year ended 31 January 2026.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, $'000 | 2025Group, $'000 | 2024Group, $'000 | 2023Group, $'000 | 2022Group, $'000 | 2021Group, $'000 | Source |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue$'000 | 4,105 | 4,783 | 4,852 | 6,103 | 5,530 | 5,690 | PDF p. 9 |
| Loss before tax$'000 | (928) | (2,302) | (2,723) | (2,402) | (1,349) | (829) | PDF p. 9 |
| Income tax credit$'000 | - | - | - | - | 20 | - | PDF p. 9 |
| Loss for the year$'000 | (928) | (2,302) | (2,723) | (2,402) | (1,329) | (829) | PDF p. 9 |
| Loss attributable to owners of the parent$'000 | (928) | (2,302) | (2,722) | (2,402) | (1,328) | (828) | PDF p. 9 |
| Balance sheet | |||||||
| Plant and equipment$'000 | 15 | 33 | 27 | 141 | 106 | 230 | PDF p. 9 |
| Right-of-use assets$'000 | 64 | 122 | 1,108 | 1,837 | 1,616 | 1,210 | PDF p. 9 |
| Other receivables-non-current$'000 | 64 | 170 | 245 | 315 | 244 | 256 | PDF p. 9 |
| Total assets employed$'000 | 143 | 325 | 1,380 | 2,293 | 1,966 | 1,696 | PDF p. 9 |
| Shareholders' funds$'000 | (6,188) | (5,259) | (8,457) | (5,736) | (3,331) | (2,018) | PDF p. 9 |
| Non-controlling interest$'000 | - | (1) | (1) | - | (3) | (2) | PDF p. 9 |
| Net current liabilities$'000 | 5,138 | 2,952 | 9,327 | 6,940 | 3,531 | 2,821 | PDF p. 9 |
| Other non-current liabilities$'000 | 1,193 | 2,633 | 511 | 1,089 | 1,769 | 875 | PDF p. 9 |
| Deferred tax liabilities$'000 | - | - | - | - | - | 20 | PDF p. 9 |
| Total funds invested$'000 | 143 | 325 | 1,380 | 2,293 | 1,966 | 1,696 | PDF p. 9 |
| Per ordinary share | |||||||
| Net tangible assets (cents)cents | (6.87) | (5.84) | (28.19) | (19.12) | (11.11) | (6.73) | PDF p. 9 |
| Financial ratios | |||||||
| Net debt-equity ratioratio | NM | NM | NM | NM | NM | NM | PDF p. 9 |
| Interest cover (times)times | NM | NM | NM | NM | NM | NM | PDF p. 9 |
Original report: PDF p. 9 ↗
NM: not meaningful
Per ordinary share row 'Loss after tax attributable to owners of the parent (cents)' wraps across two lines: values (1.03) (3.56) (9.07) (8.01) (4.43) (2.76) cents for 2026-2021 (label continues 'parent (cents)' on next line).
No dividend row in this table.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, cents | 2025Group, cents | 2024Group, cents | 2023Group, cents | 2022Group, cents | 2021Group, cents | Source |
|---|---|---|---|---|---|---|---|
| Per ordinary share | |||||||
| Loss after tax attributable to owners of the parent (cents)cents | (1.03) | (3.56) | (9.07) | (8.01) | (4.43) | (2.76) | PDF p. 9 |
Original report: PDF p. 9 ↗
Label wraps: 'Loss after tax attributable to owners of the parent' on one line, 'parent (cents)' with values on the next.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Loss per share | |||
| Loss attributable to equity holders of the Company ($’000)$'000 | (928) | (2,302) | PDF p. 72 |
| Weighted average number of shares (in ‘000)'000 shares | 90,000 | 64,685 | PDF p. 72 |
| Basic loss per share (cents)cents | (1.03) | (3.56) | PDF p. 72 |
| Diluted loss per share (cents)cents | (1.03) | (3.56) | PDF p. 72 |
Original report: PDF p. 72 ↗
Basic loss per share is calculated by dividing the Group’s loss for the year attributable to equity holders by the weighted average number of ordinary shares during the financial year.
In 2026 and 2025, for calculating of diluted loss per share, the convertible bonds (Note 10) are not considered because they are antidilutive. These convertible bonds can potentially dilute basic earnings/losses per share in future.
Where the money comes from
| Item / unit | 2026Retail and online sales | 2025Retail and online sales | 2026Corporate sales | 2025Corporate sales | 2026Head Office | 2025Head Office | 2026Total | 2025Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| External customers$'000 | 3,630 | 4,097 | 475 | 686 | - | - | 4,105 | 4,783 | PDF p. 76 |
| Results | |||||||||
| Segment (loss)/ profit$'000 | (230) | (2,143) | 265 | 268 | (963) | (427) | (928) | (2,302) | PDF p. 76 |
| Other information | |||||||||
| Depreciation of plant and equipment$'000 | 24 | 43 | - | - | - | - | 24 | 43 | PDF p. 76 |
| Depreciation of right-of-use assets$'000 | 99 | 1,132 | - | - | - | - | 99 | 1,132 | PDF p. 76 |
| Gain on lease termination$'000 | 476 | - | - | - | - | - | 476 | - | PDF p. 76 |
| Impairment loss on plant and equipment$'000 | 16 | 145 | - | - | - | - | 16 | 145 | PDF p. 76 |
| Impairment loss on trade and other receivables (reversed) / recognised$'000 | (28) | 1 | - | - | - | - | (28) | 1 | PDF p. 76 |
| Impairment loss on right-of-use assets$'000 | 138 | 1,097 | - | - | - | - | 138 | 1,097 | PDF p. 76 |
| Bad debts written off$'000 | - | 17 | - | - | - | - | - | 17 | PDF p. 76 |
| Inventories written off$'000 | 16 | 8 | - | - | - | - | 16 | 8 | PDF p. 76 |
Printed row for Interest expenses has only 7 value tokens (Corporate sales 2026 cell appears blank; a dash is printed before 88); the empty string marks the unclear cell and should not be treated as zero.
Impairment loss on right-of-use assets label wraps: 'Impairment loss on right-of-' / 'use assets'.
| Item / unit | 2026Retail and online sales | 2025Retail and online sales | 2026Corporate sales | 2025Corporate sales | 2026Head Office (Company and WJ Singapore) | 2025Head Office (Company and WJ Singapore) | 2026Total | 2025Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Additions to plant and equipment$'000 | 22 | 194 | - | - | - | - | 22 | 194 | PDF p. 77 |
| New leases/ lease termination$'000 | 179 | 1,243 | - | - | - | - | 179 | 1,243 | PDF p. 77 |
| Segment assets$'000 | 864 | 1,703 | - | - | - | 14 | 864 | 1,717 | PDF p. 77 |
| Segment liabilities$'000 | 3,270 | 4,370 | 102 | 547 | 3,680 | 2,060 | 7,052 | 6,977 | PDF p. 77 |
(1) Comprising the Company and WJ Singapore (footnote to Head Office column).
Geographical segments: The Group’s revenue and non-current assets are entirely based in Singapore. No numeric geographic table is printed.
In 2026, there were no customers which contributed at least 10% of the Group’s revenue. In 2025, revenue recognised of approximately $627,000 were derived from 1 customer who contributed at least 10% of the Group’s revenue under the “Corporate sales” segment. There were no inter-segment sales in the year.
Debt
| Item / unit | 2026The Group: On demand or not later than 1 year | 2026The Group: Later than 1 year and not later than 5 years | 2026The Group: Adjustment | 2026The Group: Total | 2025The Group: On demand or not later than 1 year | 2025The Group: Later than 1 year and not later than 5 years | 2025The Group: Adjustment | 2025The Group: Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Financial liabilities | |||||||||
| Lease liabilities$'000 | 345 | 178 | (20) | 503 | 1,015 | 559 | (67) | 1,507 | PDF p. 73PDF p. 74 |
| Borrowings$'000 | 2,352 | 1,020 | (69) | 3,303 | 247 | 2,105 | (172) | 2,180 | PDF p. 73PDF p. 74 |
Based on undiscounted cash flows including interest and principal; adjustment column represents future cash flows not included in carrying amount.
| Item / unit | 2026The Group | 2025The Group | 2026The Company | 2025The Company | Source |
|---|---|---|---|---|---|
| Current | |||||
| Loan from previous controlling shareholder (1)$'000 | 1,105 | - | - | - | PDF p. 67 |
| Loans from major shareholders (2)$'000 | 1,000 | - | 1,000 | - | PDF p. 67 |
| Loan from a third-party lender (3)$'000 | 247 | 231 | - | - | PDF p. 67 |
| Total current borrowings$'000 | 2,352 | 231 | 1,000 | - | PDF p. 67 |
| Non-current | |||||
| Loan from previous controlling shareholder (1)$'000 | - | 1,031 | - | - | PDF p. 67 |
| Loans from major shareholders (2)$'000 | 745 | 918 | 745 | 918 | PDF p. 67 |
| Loan from a third-party lender (3)$'000 | 206 | - | 206 | - | PDF p. 67 |
| Total non-current borrowings$'000 | 951 | 1,949 | 951 | 918 | PDF p. 67 |
| Total | |||||
| Total borrowings$'000 | 3,303 | 2,180 | 1,951 | 918 | PDF p. 67 |
(1) Loan from previous controlling shareholder: unsecured, non-interest bearing, repayable in July 2026 (2025 - July 2026).
(2) Loans from major shareholders: unsecured and interest-free, repayable from March 2027 to January 2028 (2025: September 2026 to January 2027). Subsequent to balance sheet date, unsecured interest-free loans of $200,000 and $300,000 were received in March and April 2026, maturing March and April 2028.
(3) Third-party lenders: Nature's Farm facility up to $200,000 bears interest of 8% per annum, repayable on demand as at 31 March 2025 and 2026; another $200,000 loan bears interest at 5% per annum, repayable June 2027.
Interest rate risk note: borrowings are at fixed interest rates; Group not exposed to material foreign exchange risks.
| Item / unit | 2026The Group | 2025The Group | Source |
|---|---|---|---|
| Lease liabilities | |||
| Due after 12 months (non-current)$'000 | 174 | 538 | PDF p. 66 |
| Due in next 12 months$'000 | 298 | 758 | PDF p. 66 |
| Rental arrears$'000 | 31 | 211 | PDF p. 66 |
| Total current$'000 | 329 | 969 | PDF p. 66 |
| Total lease liabilities$'000 | 503 | 1,507 | PDF p. 66 |
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Provision 11.6 | The Company does not have a fixed dividend policy. The payment of dividend is deliberated by the Board annually having regard to various factors, including the Company’s earnings, general financial condition, results of operations, capital requirements, cash flow, general business condition, development plans and other factors as the Directors may deem appropriate. Where dividends are not paid, the Company discloses the reasons. | Company | PDF p. 28 |
Extracted from Annual Report 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Audit firm | Foo Kon Tan LLP | Group and Company, FY ended 31 January 2026 | PDF p. 40 |
| Engagement partner | Kong Chih Hsiang Raymond | Group and Company, FY ended 31 January 2026 | PDF p. 40 |
| Qualified Opinion | Qualified Opinion | Group and Company, FY ended 31 January 2026 | PDF p. 35 |
| Basis for Qualified Opinion | We were unable to obtain sufficient appropriate audit evidence to determine the commercial substance or business rationale of the consignment arrangements as at 31 January 2026 and 31 January 2025, respectively and we were unable to perform alternative audit procedures that we considered necessary. | Balance due to I-Nitra Consulting Limited, 31 January 2026 and 31 January 2025 | PDF p. 35 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Material Uncertainty Related to Going Concern | We draw attention to Note 2(b) of the financial statements, which set out the following factors that indicate the existence of multiple material uncertainties that may cast significant doubt on the Group and the Company’s ability to continue as going concerns: | Group and Company, 31 January 2026 · As at 2026-01-31 | PDF p. 36 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Impairment of plant and equipment and right-of-use assets | This area was significant to our audit because the impairment assessment involved significant management judgement and required management to make various assumptions including the revenue growth rates and discount rates used in the underlying discounted cash flow forecasts. | Group, 31 January 2026 | PDF p. 37 |
Extracted from Annual Report 2026 and checked against the cited pages; see the original report for full context.
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow Annual Report 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.