Beta Glass 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	19,730	10,654	26,809	15,793	15,886
Short-Term Investments	-	188.82	-	-	-
Cash & Short-Term Investments	19,730	10,842	26,809	15,793	15,886
Cash Growth	81.97%	-59.56%	69.76%	-0.59%	36.97%
Accounts Receivable	22,946	22,904	11,352	14,272	8,021
Other Receivables	3,373	2,975	2,245	4,053	3,412
Receivables	68,880	59,517	26,965	25,096	14,671
Inventory	23,121	22,960	17,743	9,617	9,179
Prepaid Expenses	2,293	3,161	624.81	471.7	306.88
Other Current Assets	1,131	1,849	910.75	563.38	498.37
Total Current Assets	115,154	98,330	73,053	51,541	40,541
Property, Plant & Equipment	69,147	36,023	33,795	24,395	22,558
Other Intangible Assets	-	-	3.93	8.15	12.56
Total Assets	184,301	134,352	106,852	75,945	63,112
Accounts Payable	19,592	26,397	15,845	8,145	8,542
Accrued Expenses	6,363	4,577	6,254	5,380	2,782
Short-Term Debt	2,553	26,911	24,647	9,598	4,829
Current Income Taxes Payable	17,379	5,702	2,930	2,432	576.15
Current Unearned Revenue	1,378	838.36	972.74	425.47	481.59
Other Current Liabilities	583.95	514.93	368.4	161.98	189.19
Total Current Liabilities	47,849	64,940	51,018	26,143	17,400
Long-Term Debt	36,679	-	-	-	-
Long-Term Deferred Tax Liabilities	3,291	4,620	3,828	3,539	3,585
Total Liabilities	87,819	69,560	54,847	29,681	20,985
Common Stock	299.98	299.98	299.98	299.98	249.99
Additional Paid-In Capital	312.85	312.85	312.85	312.85	312.85
Retained Earnings	95,869	64,179	51,392	45,651	41,565
Shareholders' Equity	96,481	64,792	52,005	46,263	42,127
Total Liabilities & Equity	184,301	134,352	106,852	75,945	63,112
Total Debt	39,232	26,911	24,647	9,598	4,829
Net Cash (Debt)	-19,502	-16,068	2,162	6,195	11,057
Net Cash Growth	-	-	-65.10%	-43.97%	47.87%
Net Cash Per Share	-32.50	-26.78	3.60	10.33	18.43
Filing Date Shares Outstanding	599.97	599.97	599.97	599.97	599.97
Total Common Shares Outstanding	599.97	599.97	599.97	599.97	599.97
Working Capital	67,305	33,389	22,035	25,399	23,141
Book Value Per Share	160.81	107.99	86.68	77.11	70.22
Tangible Book Value	96,481	64,792	52,001	46,255	42,115
Tangible Book Value Per Share	160.81	107.99	86.67	77.10	70.20
Land	168.54	168.54	168.54	168.54	168.54
Buildings	6,092	5,074	4,003	3,765	2,666
Machinery	96,333	56,060	46,248	42,425	39,686
Construction In Progress	2,973	3,321	12,884	3,595	1,528

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