Academy Press Balance Sheet

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

Millions NGN. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	612.25	709.81	239.18	14.97	31
Cash & Short-Term Investments	612.25	709.81	239.18	14.97	31
Cash Growth	-13.74%	196.76%	1497.54%	-51.70%	747.78%
Accounts Receivable	455.32	335.58	207.29	932.4	289.03
Other Receivables	-	280.24	149.98	164.15	180.35
Receivables	455.32	624	381.19	1,113	488.24
Inventory	551.51	1,205	1,141	310.03	405.74
Restricted Cash	-	64.66	39.76	-	-
Other Current Assets	-	55.21	370.25	32.07	257.71
Total Current Assets	1,619	2,659	2,171	1,470	1,183
Property, Plant & Equipment	1,507	891	782.01	899.76	912.12
Other Intangible Assets	2.96	1.68	1.43	1.64	0.06
Long-Term Deferred Tax Assets	77.2	77.2	151.57	283.4	363.58
Total Assets	3,207	3,628	3,106	2,654	2,458
Accounts Payable	326.68	592.88	450.35	279.95	264.05
Accrued Expenses	-	218.11	206.93	405.34	346.75
Short-Term Debt	-	150.86	-	-	14.47
Current Portion of Long-Term Debt	98.4	61.43	191.3	70	30
Current Income Taxes Payable	589.91	756.62	425.76	418.36	285.5
Current Unearned Revenue	-	52.43	-	-	-
Other Current Liabilities	96.72	626.47	753.94	677.51	448.88
Total Current Liabilities	1,112	2,459	2,028	1,851	1,390
Long-Term Debt	486.48	292.76	255.71	600.85	588.71
Long-Term Unearned Revenue	580.4	94.65	681.01	33.47	268.06
Pension & Post-Retirement Benefits	-	-	-	25.62	26.42
Total Liabilities	2,179	2,846	2,965	2,511	2,273
Common Stock	453.6	378	378	378	302.4
Additional Paid-In Capital	24.51	24.51	24.51	24.51	24.51
Retained Earnings	133.45	484.18	-162.62	-159.01	0.74
Comprehensive Income & Other	551.26	-	-	-	-
Total Common Equity	1,163	886.69	239.89	243.5	327.65
Minority Interest	-134.75	-104.52	-98.61	-100.22	-142.05
Shareholders' Equity	1,028	782.17	141.29	143.28	185.6
Total Liabilities & Equity	3,207	3,628	3,106	2,654	2,458
Total Debt	584.88	505.05	447.01	670.85	633.19
Net Cash (Debt)	27.37	204.76	-207.83	-655.87	-602.19
Net Cash Growth	-86.63%	-	-	-	-
Net Cash Per Share	0.02	0.23	-0.23	-0.72	-0.66
Filing Date Shares Outstanding	1,970	907.2	907.2	907.2	907.2
Total Common Shares Outstanding	1,970	907.2	907.2	907.2	907.2
Working Capital	507.37	199.7	143.01	-381.58	-206.97
Book Value Per Share	0.59	0.98	0.26	0.27	0.36
Tangible Book Value	1,160	885	238.47	241.87	327.59
Tangible Book Value Per Share	0.59	0.98	0.26	0.27	0.36
Land	-	124.52	140.72	-	87.1
Buildings	-	238.06	214.73	-	277.48
Machinery	-	4,189	4,118	-	3,919
Construction In Progress	-	95.77	16.25	-	-

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