BUA Cement 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	35,316	280,380	84,749	225,078	48,047	62,338
Cash & Short-Term Investments	303,563	280,380	84,749	225,078	48,047	62,338
Cash Growth	85.77%	230.83%	-62.35%	368.46%	-22.93%	-49.65%
Accounts Receivable	246.49	236.84	228.54	63.62	17.57	118.99
Other Receivables	24,021	-	-	-	16,548	4,776
Receivables	24,267	236.84	228.54	63.62	16,565	4,895
Inventory	332,751	343,613	262,716	126,408	82,586	40,502
Other Current Assets	26,748	38,687	26,743	47,697	50,573	36,464
Total Current Assets	687,330	662,917	374,437	399,246	197,770	144,199
Property, Plant & Equipment	1,216,980	1,179,712	1,182,560	803,619	669,102	578,965
Other Intangible Assets	14,392	13,498	13,355	12,822	7,139	5,343
Total Assets	1,918,702	1,856,127	1,570,352	1,215,686	874,012	728,507
Accounts Payable	223,341	301,198	332,550	54,029	52,580	3,480
Accrued Expenses	8,019	32,475	15,864	15,488	4,125	18,866
Current Portion of Long-Term Debt	161,449	188,827	76,804	122,689	80,695	39,810
Current Portion of Leases	126.37	144.94	88.17	73.87	55.79	-
Current Income Taxes Payable	75,871	29,210	2,470	13,564	2,170	1,697
Current Unearned Revenue	107,321	106,340	114,577	105,870	93,077	79,497
Other Current Liabilities	51,252	39,641	32,202	65,215	24,858	2,004
Total Current Liabilities	627,379	697,836	574,555	376,929	257,561	145,355
Long-Term Debt	501,761	337,803	502,077	409,592	158,673	157,237
Long-Term Leases	-	-	-	-	-	39.6
Long-Term Unearned Revenue	936.58	936.58	1,464	2,105	2,811	3,721
Pension & Post-Retirement Benefits	9,726	9,163	7,134	4,572	3,955	3,760
Long-Term Deferred Tax Liabilities	111,630	128,209	47,974	13,783	29,697	12,606
Other Long-Term Liabilities	8,135	9,279	48,600	23,481	10,203	7,671
Total Liabilities	1,259,567	1,183,227	1,181,804	830,462	462,899	330,391
Common Stock	16,932	16,932	16,932	16,932	16,932	16,932
Retained Earnings	448,550	462,315	175,699	169,519	194,884	181,921
Comprehensive Income & Other	193,652	193,652	195,917	198,773	199,296	199,264
Shareholders' Equity	659,135	672,900	388,548	385,224	411,113	398,117
Total Liabilities & Equity	1,918,702	1,856,127	1,570,352	1,215,686	874,012	728,507
Total Debt	663,337	526,775	578,969	532,355	239,424	197,087
Net Cash (Debt)	-359,774	-246,395	-494,220	-307,278	-191,378	-134,748
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-10.62	-7.28	-14.59	-9.07	-5.65	-3.98
Filing Date Shares Outstanding	33,864	33,864	33,864	33,864	33,864	33,864
Total Common Shares Outstanding	33,864	33,864	33,864	33,864	33,864	33,864
Working Capital	59,951	-34,919	-200,118	22,317	-59,791	-1,156
Book Value Per Share	19.46	19.87	11.47	11.38	12.14	11.76
Tangible Book Value	644,742	659,401	375,193	372,402	403,974	392,773
Tangible Book Value Per Share	19.04	19.47	11.08	11.00	11.93	11.60
Land	3,798	3,743	3,646	1,383	910	531.8
Buildings	143,613	143,550	142,982	61,371	61,262	59,400
Machinery	1,104,999	1,103,087	1,126,466	629,900	609,999	379,809
Construction In Progress	183,864	125,953	57,788	224,473	85,487	205,696