Access Holdings Balance Sheet

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

Millions NGN. Fiscal year is Jan - Dec.

Assets

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	8,709,196	7,297,761	5,852,732	3,651,575	1,932,706	1,531,998
Investment Securities	15,565,918	14,246,836	9,788,136	4,813,566	2,779,264	2,187,948
Trading Asset Securities	4,102,127	4,487,326	3,574,999	2,405,478	505,187	1,063,840
Total Investments	19,668,045	18,734,162	13,363,135	7,219,044	3,284,451	3,251,788
Gross Loans	16,691,776	16,644,662	13,363,109	9,078,086	5,657,650	4,596,864
Allowance for Loan Losses	-386,038	-380,083	-286,188	-156,903	-99,320	-150,520
Other Adjustments to Gross Loans	-	-23,358	-9,264	-2,925	-1,813	-433
Net Loans	16,305,738	16,241,221	13,067,657	8,918,258	5,556,517	4,445,911
Property, Plant & Equipment	916,342	984,325	857,895	424,702	298,351	247,734
Goodwill	167,094	167,095	125,753	42,784	47,672	12,664
Other Intangible Assets	232,519	214,144	239,420	127,940	61,415	57,668
Investments in Real Estate	-	-	437	437	217	217
Other Receivables	1,553,272	1,877,823	1,365,703	1,686,013	227,735	182,155
Restricted Cash	4,638,768	4,470,277	4,326,764	3,107,676	2,136,944	1,466,414
Other Current Assets	523,607	568,165	427,105	129,386	103,139	104,189
Long-Term Deferred Tax Assets	90,342	54,745	116,366	42,976	15,095	13,781
Other Real Estate Owned & Foreclosed	109,630	109,630	93,125	75,417	42,039	42,737
Other Long-Term Assets	522,486	836,932	1,661,923	1,262,623	1,292,121	374,709
Total Assets	53,437,039	51,556,280	41,498,015	26,688,831	14,998,402	11,731,965

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
Accrued Expenses	227,210	114,247	73,573	28,836	9,143	8,719
Interest Bearing Deposits	22,479,159	21,706,791	20,349,818	12,931,798	7,365,443	6,083,549
Non-Interest Bearing Deposits	16,746,126	16,587,650	11,483,363	6,828,142	3,891,111	2,567,799
Total Deposits	39,225,285	38,294,441	31,833,181	19,759,940	11,256,554	8,651,348
Short-Term Borrowings	495,933	449,190	149,564	511,197	42,914	38,431
Current Portion of Long-Term Debt	-	159,954	177,571	569,361	300,804	529,624
Current Portion of Leases	-	18,521	10,819	3,916	2,168	3,831
Current Income Taxes Payable	83,710	23,389	98,061	24,518	5,594	4,643
Other Current Liabilities	1,753,761	1,513,881	1,217,904	1,057,779	475,969	312,988
Long-Term Debt	2,708,162	2,755,193	3,179,624	1,876,582	1,386,301	881,652
Long-Term Leases	53,777	38,359	23,992	12,761	9,908	11,475
Pension & Post-Retirement Benefits	19,224	20,065	11,665	8,577	3,277	3,877
Long-Term Deferred Tax Liabilities	32,345	20,976	41,793	25,710	1,872	11,652
Other Long-Term Liabilities	4,440,788	3,822,066	920,090	624,020	272,507	223,696
Total Liabilities	49,040,195	47,230,282	37,737,837	24,503,197	13,767,011	10,681,936

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
Common Stock	27,188	26,659	26,659	17,773	17,773	17,773
Additional Paid-In Capital	592,322	571,733	571,733	237,527	237,527	237,527
Retained Earnings	2,612,772	2,451,137	1,802,885	1,190,861	645,562	540,715
Treasury Stock	-23,146	-23,146	-24,069	-20,974	-11,228	-7,513
Comprehensive Income & Other	781,474	852,848	1,167,086	684,898	318,950	238,050
Total Common Equity	3,990,610	3,879,231	3,544,294	2,110,085	1,208,584	1,026,552
Minority Interest	406,234	446,767	215,884	75,549	22,807	23,477
Shareholders' Equity	4,396,844	4,325,998	3,760,178	2,185,634	1,231,391	1,050,029
Total Liabilities & Equity	53,437,039	51,556,280	41,498,015	26,688,831	14,998,402	11,731,965

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
Total Debt	3,257,872	3,421,217	3,541,570	2,973,817	1,742,095	1,465,013
Net Cash (Debt)	9,553,451	8,363,870	5,886,161	3,083,236	1,232,475	1,285,874
Net Cash Growth	8.29%	42.09%	90.91%	150.17%	-4.15%	269.42%
Net Cash Per Share	180.41	156.87	158.97	86.74	34.67	36.18
Filing Date Shares Outstanding	52,954	51,896	52,183	34,431	34,288	34,568
Total Common Shares Outstanding	52,954	51,896	52,183	34,431	34,288	34,568
Book Value Per Share	71.46	70.77	63.97	55.29	29.23	23.73
Tangible Book Value	3,590,997	3,497,992	3,179,121	1,939,361	1,099,497	956,220
Tangible Book Value Per Share	63.92	63.43	56.97	50.33	26.05	21.69