Abbey Mortgage Bank Balance Sheet

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

Millions NGN. 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	71,751	13,945	12,768	27,840	24,393
Investment Securities	78,357	53,696	26,776	3,732	1,335
Trading Asset Securities	896.97	883.64	550.53	497.11	497.11
Total Investments	79,254	54,579	27,326	4,229	1,832
Gross Loans	9,962	12,317	14,583	5,647	6,782
Allowance for Loan Losses	-234.96	-246.67	-444.37	-487.37	-620.71
Net Loans	9,727	12,071	14,138	5,160	6,161
Property, Plant & Equipment	1,968	1,479	1,352	1,324	1,128
Other Intangible Assets	239.65	270.25	73.99	65.47	12.01
Other Receivables	3.23	21.62	488.34	-	36.38
Restricted Cash	1,020	1,020	766.62	630.14	468.14
Other Current Assets	1,596	853.05	615.73	55.25	420.4
Other Long-Term Assets	11.36	12.58	13.69	554.32	9.33
Total Assets	165,571	84,251	57,542	39,858	34,460
Accounts Payable	428.29	507.21	462.82	374.51	377
Accrued Expenses	0.87	1.11	0.87	1.63	1.66
Interest Bearing Deposits	72,394	49,363	36,520	26,162	19,636
Non-Interest Bearing Deposits	7,053	4,538	3,530	1,466	1,641
Total Deposits	79,447	53,901	40,050	27,628	21,277
Short-Term Borrowings	10,109	10,965	10.03	3,738	5,578
Current Portion of Leases	2.71	-	-	0.92	14.22
Current Income Taxes Payable	192.2	125.68	83.84	63.99	49.33
Other Current Liabilities	230.82	152.78	74.11	37.18	12.62
Long-Term Debt	14,464	5,332	4,288	315.15	218.14
Long-Term Deferred Tax Liabilities	35.08	35.08	-	-	-
Other Long-Term Liabilities	49,157	4,000	4,000	-0	-
Total Liabilities	154,068	75,020	48,973	32,160	27,528
Common Stock	5,077	5,077	5,077	5,077	5,077
Additional Paid-In Capital	1,577	1,577	1,577	5,117	5,117
Retained Earnings	4,849	2,578	1,916	-2,496	-3,262
Comprehensive Income & Other	-0	-0	-	-	0
Shareholders' Equity	11,503	9,232	8,570	7,698	6,932
Total Liabilities & Equity	165,571	84,251	57,542	39,858	34,460
Total Debt	24,576	16,296	4,298	4,054	5,810
Net Cash (Debt)	48,072	-1,468	9,020	24,283	19,080
Net Cash Growth	-	-	-62.85%	27.27%	115.65%
Net Cash Per Share	4.73	-0.14	0.89	2.39	2.72
Filing Date Shares Outstanding	10,154	10,154	10,154	10,154	10,154
Total Common Shares Outstanding	10,154	10,154	10,154	10,154	10,154
Book Value Per Share	1.13	0.91	0.84	0.76	0.68
Tangible Book Value	11,263	8,961	8,496	7,633	6,920
Tangible Book Value Per Share	1.11	0.88	0.84	0.75	0.68

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