Seplat Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	579.79	469.86	450.11	404.34	324.49	225.14
Cash & Short-Term Investments	579.79	469.86	450.11	404.34	324.49	225.14
Cash Growth	33.64%	4.39%	11.32%	24.61%	44.13%	-32.40%
Accounts Receivable	334.86	363.99	111.17	66.68	117.15	81.14
Other Receivables	267.18	399.46	173.88	183.14	128.53	152.64
Receivables	602.04	763.44	285.05	249.82	245.69	233.79
Inventory	462.11	472.58	52.43	55.41	74.96	74.57
Prepaid Expenses	13.46	34.26	10.54	1.24	1.73	3.64
Restricted Cash	135.42	132.21	27.03	23.94	16.03	33.58
Other Current Assets	67.35	17.73	133.17	148.1	13.95	27.05
Total Current Assets	1,860	1,890	958.32	882.84	676.84	597.77
Property, Plant & Equipment	3,492	3,661	1,660	1,690	1,639	1,628
Long-Term Investments	351.03	334.83	325.13	323.61	337.82	340.19
Other Intangible Assets	229.5	249.63	118.51	124.42	131.2	58.69
Long-Term Deferred Tax Assets	223.01	230.54	290.78	253.79	312.04	762.83
Other Long-Term Assets	22.62	31.28	42.23	57.49	66.79	61.74
Total Assets	6,179	6,397	3,395	3,332	3,163	3,450
Accounts Payable	421.11	366.64	121.24	108.65	120.43	135.13
Accrued Expenses	666.06	226.4	267.91	251.63	211.23	189.73
Current Portion of Long-Term Debt	70.01	449.59	89.24	74.32	60.66	93.47
Current Portion of Leases	21.45	15.9	1.34	4.03	3.09	1.79
Current Income Taxes Payable	297.99	127.87	78.56	56.51	46.35	21.74
Current Unearned Revenue	-	-	-	-	-	9.47
Other Current Liabilities	62.07	511.52	146.3	102.8	39.15	20.12
Total Current Liabilities	1,539	1,698	704.59	597.94	480.91	471.45
Long-Term Debt	895.69	918.04	666.49	695.88	705.95	604.95
Long-Term Leases	51.46	57.66	-	-	0.48	4.19
Pension & Post-Retirement Benefits	-	50.09	2.01	6.44	10.15	10.69
Long-Term Deferred Tax Liabilities	1,045	1,052	98.27	78.35	103.74	531.63
Other Long-Term Liabilities	806.15	778.22	130.63	193.84	154.66	162.62
Total Liabilities	4,337	4,554	1,602	1,572	1,456	1,786
Common Stock	1.87	1.86	1.86	1.86	1.86	1.86
Additional Paid-In Capital	599.44	558.56	560.43	562.23	560.14	551.72
Retained Earnings	1,230	1,233	1,173	1,190	1,185	1,116
Treasury Stock	-39.8	-5.61	-4.29	-4.92	-4.92	-
Comprehensive Income & Other	31.04	38.98	37.33	27.52	24.12	28.58
Total Common Equity	1,822	1,827	1,769	1,776	1,766	1,698
Minority Interest	18.72	15.68	24.24	-16.51	-58.8	-34.2
Shareholders' Equity	1,841	1,843	1,793	1,760	1,707	1,664
Total Liabilities & Equity	6,179	6,397	3,395	3,332	3,163	3,450
Total Debt	1,039	1,441	757.07	774.23	770.19	704.39
Net Cash (Debt)	-458.81	-971.33	-306.96	-369.89	-445.7	-479.25
Net Cash Per Share	-0.78	-1.65	-0.52	-0.63	-0.76	-0.81
Filing Date Shares Outstanding	591	588.45	588.45	601.68	584.04	581.84
Total Common Shares Outstanding	591	588.45	588.45	601.68	584.04	581.84
Working Capital	321.48	192.15	253.72	284.9	195.93	126.32
Book Value Per Share	3.08	3.10	3.01	2.95	3.02	2.92
Tangible Book Value	1,593	1,577	1,650	1,652	1,635	1,640
Tangible Book Value Per Share	2.70	2.68	2.80	2.75	2.80	2.82
Land	-	0.07	0.07	0.07	0.07	0.07
Buildings	-	60.94	3.89	3.89	3.89	3.89
Machinery	-	219.7	75.73	71.98	68.94	40.11
Leasehold Improvements	-	8.21	6.63	6.2	5.72	5.64

Source: S&P Global Market Intelligence. Standard template. Financial Sources.