Fan Milk Balance Sheet

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

Millions GHS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	382.82	231.61	109.11	65.92	61.32	65.58
Cash & Short-Term Investments	382.82	231.61	109.11	65.92	61.32	65.58
Cash Growth	250.88%	112.28%	65.51%	7.51%	-6.50%	21.40%
Accounts Receivable	151.24	131.54	184.09	237.87	168.8	123.56
Other Receivables	10	4.98	3.17	7.01	6.49	12.51
Receivables	161.24	136.51	187.27	244.88	175.29	136.07
Inventory	80.4	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	624.46	472.79	416.2	422.68	393.18	374.49
Property, Plant & Equipment	161.65	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	25.84	7.86	8.81	8	-
Total Assets	811.95	662.8	590.73	590.25	584.06	571.56
Accounts Payable	416.19	150	186.9	201.34	222.89	169.78
Accrued Expenses	0.31	83.32	39.23	39.93	37.04	25.12
Current Portion of Leases	1.26	2	2.27	1.51	3.09	1.61
Current Income Taxes Payable	33.54	6.63	8.35	-	-	-
Other Current Liabilities	0.6	88.34	78.22	57.87	39.66	82.76
Total Current Liabilities	451.9	330.28	314.96	300.65	302.69	279.27
Long-Term Debt	-	-	-	55	70	40
Long-Term Leases	0.17	0.26	2.26	5.06	5.71	3.49
Pension & Post-Retirement Benefits	0.49	0.49	0.77	0.45	0.59	0.22
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.91
Total Liabilities	452.56	331.04	317.99	361.16	378.98	324.89
Common Stock	10	4.02	4.02	4.02	4.02	4.02
Retained Earnings	349.39	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	359.39	331.77	272.74	229.09	205.08	246.68
Total Liabilities & Equity	811.95	662.8	590.73	590.25	584.06	571.56
Total Debt	1.43	2.26	4.53	61.57	78.8	45.1
Net Cash (Debt)	381.4	229.35	104.58	4.36	-17.48	20.48
Net Cash Growth	264.71%	119.32%	2300.18%	-	-	-60.21%
Net Cash Per Share	3.28	1.97	0.90	0.04	-0.15	0.18
Filing Date Shares Outstanding	116.21	116.21	116.21	116.21	116.21	116.21
Total Common Shares Outstanding	116.21	116.21	116.21	116.21	116.21	116.21
Working Capital	172.56	142.51	101.24	122.03	90.49	95.22
Book Value Per Share	3.09	2.85	2.35	1.97	1.76	2.12
Tangible Book Value	359.39	329.6	272.74	228.84	204.53	245.64
Tangible Book Value Per Share	3.09	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.