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	Jun '26 Jun 30, 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	628.88	357.63	237.19	802.29	495.84	217.63
Short-Term Investments	1,983	1,981	446.98	257.12	359.75	317.61
Cash & Short-Term Investments	2,612	2,339	684.17	1,059	855.59	535.24
Cash Growth	135.92%	241.84%	-35.42%	23.82%	59.85%	-14.22%
Accounts Receivable	243.16	274.81	242.08	205.27	132.17	215.52
Other Receivables	304.57	104.38	94.34	2.07	30.15	8.96
Receivables	547.73	379.19	336.41	207.33	162.32	224.48
Inventory	2,842	2,753	3,302	2,148	1,367	1,167
Prepaid Expenses	108.76	80.87	24.38	67.69	48.29	19.27
Other Current Assets	345.13	183.6	199.78	222.15	212.43	100.79
Total Current Assets	6,456	5,736	4,547	3,705	2,645	2,046
Property, Plant & Equipment	3,123	3,235	2,934	2,874	2,813	3,008
Long-Term Investments	20	-	-	-	-	-
Other Intangible Assets	104.74	96.78	40.72	17.6	27.83	36.15
Other Long-Term Assets	-	-0	-0	-	42.05	20.12
Total Assets	9,703	9,067	7,521	6,597	5,529	5,111
Accounts Payable	686.4	521.15	881.47	627	681.28	463.76
Accrued Expenses	211.11	749.24	439.2	358.33	183.07	271.52
Current Portion of Long-Term Debt	20.41	98.86	117.97	22.4	25.13	89.82
Current Portion of Leases	-	-	-	-	-	47.68
Current Income Taxes Payable	740.22	793.44	485.79	184.33	14.76	8.62
Current Unearned Revenue	414.69	693.51	451.68	345.96	243.77	163.09
Other Current Liabilities	1,367	375.38	473.2	527.95	542.19	394.57
Total Current Liabilities	3,440	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	39.43	39.43	83.77	166.14	59.01	109.3
Long-Term Deferred Tax Liabilities	579.76	571.98	539.93	533.75	455.88	323.73
Other Long-Term Liabilities	109.87	109.87	0	-	-	-
Total Liabilities	4,290	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	4,634	4,213	3,048	2,728	2,543	2,451
Comprehensive Income & Other	-	-0	-	-	-	-
Shareholders' Equity	5,414	4,993	3,828	3,508	3,323	3,231
Total Liabilities & Equity	9,703	9,067	7,521	6,597	5,529	5,111
Total Debt	141.55	219.99	337.96	345.22	25.13	145.37
Net Cash (Debt)	2,471	2,119	346.21	714.19	830.45	389.86
Net Cash Growth	191.48%	511.99%	-51.52%	-14.00%	113.01%	15.58%
Net Cash Per Share	8.51	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	3,016	2,504	1,698	1,639	955.22	607.33
Book Value Per Share	18.68	17.23	13.21	12.10	11.47	11.15
Tangible Book Value	5,309	4,896	3,788	3,490	3,296	3,195
Tangible Book Value Per Share	18.32	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	-	-