Seplat Energy Balance Sheet

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

Millions USD. 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	461.68	332.33	469.86	450.11	404.34	324.49
Cash & Short-Term Investments	461.68	332.33	469.86	450.11	404.34	324.49
Cash Growth	37.97%	-29.27%	4.39%	11.32%	24.61%	44.13%
Accounts Receivable	607.93	160.43	363.99	111.17	66.68	117.15
Other Receivables	-	325.7	400.06	173.88	183.14	128.53
Receivables	607.93	486.14	764.04	285.05	249.82	245.69
Inventory	335.95	340.77	342.59	52.43	55.41	74.96
Prepaid Expenses	27.24	33.25	34.26	10.54	1.24	1.73
Restricted Cash	128.13	126.35	132.21	27.03	23.94	16.03
Other Current Assets	17.08	34.47	17.13	133.17	148.1	13.95
Total Current Assets	1,578	1,353	1,760	958.32	882.84	676.84
Property, Plant & Equipment	3,517	3,594	3,808	1,660	1,690	1,639
Long-Term Investments	255.55	350.58	334.83	325.13	323.61	337.82
Other Intangible Assets	541.68	566.36	662.86	118.51	124.42	131.2
Long-Term Deferred Tax Assets	164.81	201.76	230.54	290.78	253.79	312.04
Other Long-Term Assets	105.87	15.65	31.28	42.23	57.49	66.79
Total Assets	6,163	6,082	6,828	3,395	3,332	3,163
Accounts Payable	972.68	515.7	366.64	121.24	108.65	120.43
Accrued Expenses	-	185.78	286.63	267.91	251.63	211.23
Current Portion of Long-Term Debt	72.5	72.57	449.59	89.24	74.32	60.66
Current Portion of Leases	18.1	20.32	17.38	1.34	4.03	3.09
Current Income Taxes Payable	252.91	214.43	127.87	78.56	56.51	46.35
Other Current Liabilities	16.31	221.11	520.02	146.3	102.8	39.15
Total Current Liabilities	1,332	1,230	1,768	704.59	597.94	480.91
Long-Term Debt	920.75	933.03	918.04	666.49	695.88	705.95
Long-Term Leases	47.69	46.7	57.66	-	-	0.48
Pension & Post-Retirement Benefits	2.7	2.72	50.09	2.01	6.44	10.15
Long-Term Deferred Tax Liabilities	1,177	1,214	1,417	98.27	78.35	103.74
Other Long-Term Liabilities	823.9	814.23	778.22	130.63	193.84	154.66
Total Liabilities	4,305	4,240	4,989	1,602	1,572	1,456
Common Stock	1.87	1.87	1.86	1.86	1.86	1.86
Additional Paid-In Capital	600.37	600.37	558.56	560.43	562.23	560.14
Retained Earnings	1,282	1,248	1,229	1,173	1,190	1,185
Treasury Stock	-94.35	-69.35	-5.61	-4.29	-4.92	-4.92
Comprehensive Income & Other	49.71	45.85	38.98	37.33	27.52	24.12
Total Common Equity	1,840	1,827	1,823	1,769	1,776	1,766
Minority Interest	18.78	14.63	15.68	24.24	-16.51	-58.8
Shareholders' Equity	1,858	1,842	1,838	1,793	1,760	1,707
Total Liabilities & Equity	6,163	6,082	6,828	3,395	3,332	3,163
Total Debt	1,059	1,073	1,443	757.07	774.23	770.19
Net Cash (Debt)	-597.36	-740.29	-972.81	-306.96	-369.89	-445.7
Net Cash Per Share	-1.06	-1.25	-1.65	-0.52	-0.63	-0.76
Filing Date Shares Outstanding	563.15	599.95	588.45	588.45	601.68	584.04
Total Common Shares Outstanding	563.15	599.95	588.45	588.45	601.68	584.04
Working Capital	245.51	123.39	-8.05	253.72	284.9	195.93
Book Value Per Share	3.27	3.05	3.10	3.01	2.95	3.02
Tangible Book Value	1,298	1,261	1,160	1,650	1,652	1,635
Tangible Book Value Per Share	2.30	2.10	1.97	2.80	2.75	2.80
Land	-	0.07	0.07	0.07	0.07	0.07
Buildings	-	267.58	267.46	3.89	3.89	3.89
Machinery	-	223.16	218.95	75.73	71.98	68.94
Leasehold Improvements	-	8.53	8.21	6.63	6.2	5.72

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