Fan Milk Balance Sheet

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

Millions GHS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	231.61	109.11	65.92	61.32	65.58
Cash & Short-Term Investments	231.61	109.11	65.92	61.32	65.58
Cash Growth	112.28%	65.51%	7.51%	-6.50%	21.40%
Accounts Receivable	131.54	184.09	237.87	168.8	123.56
Other Receivables	4.98	3.17	7.01	6.49	12.51
Receivables	136.51	187.27	244.88	175.29	136.07
Inventory	99.46	114.21	105.55	150.98	168.08
Prepaid Expenses	5.21	5.62	6.32	5.59	4.75
Total Current Assets	472.79	416.2	422.68	393.18	374.49
Property, Plant & Equipment	162.01	166.67	158.51	182.33	196.04
Other Intangible Assets	2.17	-	0.25	0.55	1.03
Long-Term Deferred Tax Assets	25.84	7.86	8.81	8	-
Total Assets	662.8	590.73	590.25	584.06	571.56
Accounts Payable	150	186.9	201.34	222.89	169.78
Accrued Expenses	83.32	39.23	39.93	37.04	25.12
Current Portion of Leases	2	2.27	1.51	3.09	1.61
Current Income Taxes Payable	6.63	8.35	-	-	-
Other Current Liabilities	88.34	78.22	57.87	39.66	82.76
Total Current Liabilities	330.28	314.96	300.65	302.69	279.27
Long-Term Debt	-	-	55	70	40
Long-Term Leases	0.26	2.26	5.06	5.71	3.49
Pension & Post-Retirement Benefits	0.49	0.77	0.45	0.59	0.22
Long-Term Deferred Tax Liabilities	-	-	-	-	1.91
Total Liabilities	331.04	317.99	361.16	378.98	324.89
Common Stock	4.02	4.02	4.02	4.02	4.02
Retained Earnings	321.77	262.74	219.09	195.08	236.68
Comprehensive Income & Other	5.98	5.98	5.98	5.98	5.98
Shareholders' Equity	331.77	272.74	229.09	205.08	246.68
Total Liabilities & Equity	662.8	590.73	590.25	584.06	571.56
Total Debt	2.26	4.53	61.57	78.8	45.1
Net Cash (Debt)	229.35	104.58	4.36	-17.48	20.48
Net Cash Growth	119.32%	2300.18%	-	-	-60.21%
Net Cash Per Share	1.97	0.90	0.04	-0.15	0.18
Filing Date Shares Outstanding	116.21	116.21	116.21	116.21	116.21
Total Common Shares Outstanding	116.21	116.21	116.21	116.21	116.21
Working Capital	142.51	101.24	122.03	90.49	95.22
Book Value Per Share	2.85	2.35	1.97	1.76	2.12
Tangible Book Value	329.6	272.74	228.84	204.53	245.64
Tangible Book Value Per Share	2.84	2.35	1.97	1.76	2.11
Land	11.65	3.83	3.83	3.83	3.83
Buildings	51.58	51.58	51.41	51.41	51.94
Machinery	328.1	290.17	301.51	317.89	306.4
Construction In Progress	19.93	42.43	11.09	3.72	6.64

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