Berger Paints Nigeria Balance Sheet

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

Millions NGN. Fiscal year is Jan - Dec.

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	849.6	357.63	237.19	802.29	495.84	217.63
Short-Term Investments	2,431	1,981	446.98	257.12	359.75	317.61
Cash & Short-Term Investments	3,281	2,339	684.17	1,059	855.59	535.24
Cash Growth	188.80%	241.84%	-35.42%	23.82%	59.85%	-14.22%
Accounts Receivable	160.97	274.81	242.08	205.27	132.17	215.52
Other Receivables	462.43	104.38	94.34	2.07	30.15	8.96
Receivables	623.4	379.19	336.41	207.33	162.32	224.48
Inventory	2,590	2,753	3,302	2,148	1,367	1,167
Prepaid Expenses	73.7	80.87	24.38	67.69	48.29	19.27
Other Current Assets	204.74	183.6	199.78	222.15	212.43	100.79
Total Current Assets	6,772	5,736	4,547	3,705	2,645	2,046
Property, Plant & Equipment	3,177	3,235	2,934	2,874	2,813	3,008
Other Intangible Assets	93.19	96.78	40.72	17.6	27.83	36.15
Other Long-Term Assets	-0	-0	-0	-	42.05	20.12
Total Assets	10,042	9,067	7,521	6,597	5,529	5,111
Accounts Payable	656.12	521.15	881.47	627	681.28	463.76
Accrued Expenses	335.43	749.24	439.2	358.33	183.07	271.52
Current Portion of Long-Term Debt	59.64	98.86	117.97	22.4	25.13	89.82
Current Portion of Leases	-	-	-	-	-	47.68
Current Income Taxes Payable	1,030	793.44	485.79	184.33	14.76	8.62
Current Unearned Revenue	271.88	693.51	451.68	345.96	243.77	163.09
Other Current Liabilities	1,380	375.38	473.2	527.95	542.19	394.57
Total Current Liabilities	3,733	3,232	2,849	2,066	1,690	1,439
Long-Term Debt	121.13	121.13	219.99	322.82	-	7.88
Long-Term Unearned Revenue	94.82	39.43	83.77	166.14	59.01	109.3
Long-Term Deferred Tax Liabilities	539.93	571.98	539.93	533.75	455.88	323.73
Other Long-Term Liabilities	109.87	109.87	0	-	-	-
Total Liabilities	4,599	4,074	3,693	3,089	2,205	1,880
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	4,663	4,213	3,048	2,728	2,543	2,451
Comprehensive Income & Other	-	-0	-	-	-	-
Shareholders' Equity	5,443	4,993	3,828	3,508	3,323	3,231
Total Liabilities & Equity	10,042	9,067	7,521	6,597	5,529	5,111
Total Debt	180.77	219.99	337.96	345.22	25.13	145.37
Net Cash (Debt)	3,100	2,119	346.21	714.19	830.45	389.86
Net Cash Growth	270.28%	511.99%	-51.52%	-14.00%	113.01%	15.58%
Net Cash Per Share	10.70	7.31	1.19	2.46	2.87	1.35
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	3,039	2,504	1,698	1,639	955.22	607.33
Book Value Per Share	18.78	17.23	13.21	12.10	11.47	11.15
Tangible Book Value	5,350	4,896	3,788	3,490	3,296	3,195
Tangible Book Value Per Share	18.46	16.89	13.07	12.04	11.37	11.02
Land	390	390	390	390	390	390
Buildings	1,527	1,527	1,473	1,313	1,313	1,310
Machinery	2,801	2,773	2,322	2,060	1,968	1,926
Construction In Progress	-	-	-	134.15	-	-

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