Berger Paints Nigeria Plc (NGX:BERGER)

Berger Paints Nigeria Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	254.59	237.19	802.29	495.84	217.63	356.6
Short-Term Investments	1,145	446.98	257.12	359.75	317.61	267.37
Cash & Short-Term Investments	1,399	684.17	1,059	855.59	535.24	623.97
Cash Growth	47.08%	-35.42%	23.82%	59.85%	-14.22%	46.51%
Accounts Receivable	526.27	242.08	205.27	132.17	215.52	198.58
Other Receivables	-	94.34	2.07	30.15	8.96	17.34
Receivables	526.27	336.41	207.33	162.32	224.48	215.92
Inventory	2,492	3,302	2,148	1,367	1,167	702.29
Prepaid Expenses	76.36	24.38	67.69	48.29	19.27	26.73
Other Current Assets	336.13	199.78	222.15	212.43	100.79	190.14
Total Current Assets	4,830	4,547	3,705	2,645	2,046	1,759
Property, Plant & Equipment	3,143	2,934	2,874	2,813	3,008	3,160
Other Intangible Assets	33.11	40.72	17.6	27.83	36.15	52.58
Other Long-Term Assets	0	-	-	42.05	20.12	-
Total Assets	8,007	7,521	6,597	5,529	5,111	4,972
Accounts Payable	320.11	881.47	627	681.28	463.76	296.62
Accrued Expenses	804.11	439.2	358.33	183.07	271.52	249.39
Current Portion of Long-Term Debt	383.33	117.97	22.4	25.13	89.82	88.92
Current Portion of Leases	-	-	-	-	47.68	60.31
Current Income Taxes Payable	464.04	485.79	184.33	14.76	8.62	30.84
Current Unearned Revenue	567.93	451.68	345.96	243.77	163.09	152.57
Other Current Liabilities	237.8	473.2	527.95	542.19	394.57	450.23
Total Current Liabilities	2,777	2,849	2,066	1,690	1,439	1,329
Long-Term Debt	102.46	219.99	322.82	-	7.88	79.98
Long-Term Leases	-	-	-	-	-	57.44
Long-Term Unearned Revenue	80.28	83.77	166.14	59.01	109.3	68.71
Long-Term Deferred Tax Liabilities	539.93	539.93	533.75	455.88	323.73	289.9
Other Long-Term Liabilities	-	0	-	-	-	-
Total Liabilities	3,500	3,693	3,089	2,205	1,880	1,825
Common Stock	144.91	144.91	144.91	144.91	144.91	144.91
Additional Paid-In Capital	635.07	635.07	635.07	635.07	635.07	635.07
Retained Earnings	3,727	3,048	2,728	2,543	2,451	2,367
Shareholders' Equity	4,507	3,828	3,508	3,323	3,231	3,147
Total Liabilities & Equity	8,007	7,521	6,597	5,529	5,111	4,972
Total Debt	485.79	337.96	345.22	25.13	145.37	286.65
Net Cash (Debt)	913.47	346.21	714.19	830.45	389.86	337.32
Net Cash Growth	47.52%	-51.52%	-14.00%	113.01%	15.58%	1003.72%
Net Cash Per Share	3.15	1.19	2.46	2.87	1.35	1.16
Filing Date Shares Outstanding	289.82	289.82	289.82	289.82	289.82	289.82
Total Common Shares Outstanding	289.82	289.82	289.82	289.82	289.82	289.82
Working Capital	2,053	1,698	1,639	955.22	607.33	430.18
Book Value Per Share	15.55	13.21	12.10	11.47	11.15	10.86
Tangible Book Value	4,473	3,788	3,490	3,296	3,195	3,094
Tangible Book Value Per Share	15.43	13.07	12.04	11.37	11.02	10.68
Land	-	390	390	390	390	390
Buildings	-	1,473	1,313	1,313	1,310	1,304
Machinery	-	2,322	2,060	1,968	1,926	1,933
Construction In Progress	-	-	134.15	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.