Academy Press Balance Sheet

Financials in millions NGN. Fiscal year is April - March.

Millions NGN. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	597.54	709.81	239.18	14.97	31	3.66
Cash & Short-Term Investments	597.54	709.81	239.18	14.97	31	3.66
Cash Growth	339.56%	196.76%	1497.54%	-51.70%	747.78%	38.07%
Accounts Receivable	497.32	335.58	207.29	932.4	289.03	410.73
Other Receivables	-	280.24	149.98	164.15	180.35	122.32
Receivables	497.32	624	381.19	1,113	488.24	554.41
Inventory	1,090	1,205	1,141	310.03	405.74	285.8
Restricted Cash	-	64.66	39.76	-	-	-
Other Current Assets	-	55.21	370.25	32.07	257.71	38.97
Total Current Assets	2,185	2,659	2,171	1,470	1,183	882.82
Property, Plant & Equipment	1,471	891	782.01	899.76	912.12	1,033
Other Intangible Assets	-	1.68	1.43	1.64	0.06	0.18
Long-Term Deferred Tax Assets	65.18	77.2	151.57	283.4	363.58	362.61
Other Long-Term Assets	22.62	-	-	-	-	-
Total Assets	3,743	3,628	3,106	2,654	2,458	2,279
Accounts Payable	456.12	592.88	450.35	279.95	264.05	323.58
Accrued Expenses	-	218.11	206.93	405.34	346.75	349.71
Short-Term Debt	-	150.86	-	-	14.47	6.02
Current Portion of Long-Term Debt	-	61.43	191.3	70	30	79.2
Current Income Taxes Payable	630.79	756.62	425.76	418.36	285.5	272.57
Current Unearned Revenue	-	52.43	-	-	-	-
Other Current Liabilities	96.72	626.47	753.94	677.51	448.88	465.29
Total Current Liabilities	1,184	2,459	2,028	1,851	1,390	1,496
Long-Term Debt	496.07	292.76	255.71	600.85	588.71	723.41
Long-Term Unearned Revenue	683.95	94.65	681.01	33.47	268.06	21.34
Pension & Post-Retirement Benefits	-	-	-	25.62	26.42	26.82
Long-Term Deferred Tax Liabilities	0.88	-	-	-	-	-
Total Liabilities	2,365	2,846	2,965	2,511	2,273	2,268
Common Stock	453.6	378	378	378	302.4	302.4
Additional Paid-In Capital	24.51	24.51	24.51	24.51	24.51	24.51
Retained Earnings	446.31	484.18	-162.62	-159.01	0.74	-182.25
Total Common Equity	1,498	886.69	239.89	243.5	327.65	144.66
Minority Interest	-119.46	-104.52	-98.61	-100.22	-142.05	-133.74
Shareholders' Equity	1,379	782.17	141.29	143.28	185.6	10.93
Total Liabilities & Equity	3,743	3,628	3,106	2,654	2,458	2,279
Total Debt	496.07	505.05	447.01	670.85	633.19	808.63
Net Cash (Debt)	101.47	204.76	-207.83	-655.87	-602.19	-804.97
Net Cash Per Share	0.11	0.23	-0.23	-0.72	-0.66	-0.89
Filing Date Shares Outstanding	907	907.2	907.2	907.2	907.2	907.2
Total Common Shares Outstanding	907	907.2	907.2	907.2	907.2	907.2
Working Capital	1,001	199.7	143.01	-381.58	-206.97	-613.55
Book Value Per Share	1.65	0.98	0.26	0.27	0.36	0.16
Tangible Book Value	1,498	885	238.47	241.87	327.59	144.48
Tangible Book Value Per Share	1.65	0.98	0.26	0.27	0.36	0.16
Land	-	124.52	140.72	-	87.1	87.1
Buildings	-	238.06	214.73	-	277.48	269.12
Machinery	-	4,189	4,118	-	3,919	3,834
Construction In Progress	-	95.77	16.25	-	-	0.35

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