Berger Paints Nigeria 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	357.63	237.19	802.29	495.84	217.63
Short-Term Investments	1,981	446.98	257.12	359.75	317.61
Cash & Short-Term Investments	2,339	684.17	1,059	855.59	535.24
Cash Growth	241.84%	-35.42%	23.82%	59.85%	-14.22%
Accounts Receivable	274.81	242.08	205.27	132.17	215.52
Other Receivables	104.38	94.34	2.07	30.15	8.96
Receivables	379.19	336.41	207.33	162.32	224.48
Inventory	2,753	3,302	2,148	1,367	1,167
Prepaid Expenses	80.87	24.38	67.69	48.29	19.27
Other Current Assets	183.6	199.78	222.15	212.43	100.79
Total Current Assets	5,736	4,547	3,705	2,645	2,046
Property, Plant & Equipment	3,235	2,934	2,874	2,813	3,008
Other Intangible Assets	96.78	40.72	17.6	27.83	36.15
Other Long-Term Assets	-0	-0	-	42.05	20.12
Total Assets	9,067	7,521	6,597	5,529	5,111
Accounts Payable	521.15	881.47	627	681.28	463.76
Accrued Expenses	749.24	439.2	358.33	183.07	271.52
Current Portion of Long-Term Debt	98.86	117.97	22.4	25.13	89.82
Current Portion of Leases	-	-	-	-	47.68
Current Income Taxes Payable	793.44	485.79	184.33	14.76	8.62
Current Unearned Revenue	693.51	451.68	345.96	243.77	163.09
Other Current Liabilities	375.38	473.2	527.95	542.19	394.57
Total Current Liabilities	3,232	2,849	2,066	1,690	1,439
Long-Term Debt	121.13	219.99	322.82	-	7.88
Long-Term Unearned Revenue	39.43	83.77	166.14	59.01	109.3
Long-Term Deferred Tax Liabilities	571.98	539.93	533.75	455.88	323.73
Other Long-Term Liabilities	109.87	0	-	-	-
Total Liabilities	4,074	3,693	3,089	2,205	1,880
Common Stock	144.91	144.91	144.91	144.91	144.91
Additional Paid-In Capital	635.07	635.07	635.07	635.07	635.07
Retained Earnings	4,213	3,048	2,728	2,543	2,451
Comprehensive Income & Other	-0	-	-	-	-
Shareholders' Equity	4,993	3,828	3,508	3,323	3,231
Total Liabilities & Equity	9,067	7,521	6,597	5,529	5,111
Total Debt	219.99	337.96	345.22	25.13	145.37
Net Cash (Debt)	2,119	346.21	714.19	830.45	389.86
Net Cash Growth	511.99%	-51.52%	-14.00%	113.01%	15.58%
Net Cash Per Share	7.31	1.19	2.46	2.87	1.35
Filing Date Shares Outstanding	289.82	289.82	289.82	289.82	289.82
Total Common Shares Outstanding	289.82	289.82	289.82	289.82	289.82
Working Capital	2,504	1,698	1,639	955.22	607.33
Book Value Per Share	17.23	13.21	12.10	11.47	11.15
Tangible Book Value	4,896	3,788	3,490	3,296	3,195
Tangible Book Value Per Share	16.89	13.07	12.04	11.37	11.02
Land	390	390	390	390	390
Buildings	1,527	1,473	1,313	1,313	1,310
Machinery	2,773	2,322	2,060	1,968	1,926
Construction In Progress	-	-	134.15	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.