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	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	404,048	280,380	84,749	225,078	48,047	62,338
Cash & Short-Term Investments	404,048	280,380	84,749	225,078	48,047	62,338
Cash Growth	190.74%	230.83%	-62.35%	368.46%	-22.93%	-49.65%
Accounts Receivable	237.38	236.84	228.54	63.62	17.57	118.99
Other Receivables	29,593	-	-	-	16,548	4,776
Receivables	29,830	236.84	228.54	63.62	16,565	4,895
Inventory	165,899	343,613	262,716	126,408	82,586	40,502
Prepaid Expenses	163,071	-	-	-	-	-
Other Current Assets	-	38,687	26,743	47,697	50,573	36,464
Total Current Assets	762,847	662,917	374,437	399,246	197,770	144,199
Property, Plant & Equipment	1,210,325	1,179,712	1,182,560	803,619	669,102	578,965
Other Intangible Assets	14,144	13,498	13,355	12,822	7,139	5,343
Total Assets	1,987,317	1,856,127	1,570,352	1,215,686	874,012	728,507
Accounts Payable	294,085	301,198	332,550	54,029	52,580	3,480
Accrued Expenses	-	32,475	15,864	15,488	4,125	18,866
Short-Term Debt	157,233	-	-	-	-	-
Current Portion of Long-Term Debt	-	188,827	76,804	122,689	80,695	39,810
Current Portion of Leases	141.13	144.94	88.17	73.87	55.79	-
Current Income Taxes Payable	66,018	29,210	2,470	13,564	2,170	1,697
Current Unearned Revenue	143,691	106,340	114,577	105,870	93,077	79,497
Other Current Liabilities	2,157	39,641	32,202	65,215	24,858	2,004
Total Current Liabilities	663,325	697,836	574,555	376,929	257,561	145,355
Long-Term Debt	344,634	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	9,305	9,163	7,134	4,572	3,955	3,760
Long-Term Deferred Tax Liabilities	107,708	128,209	47,974	13,783	29,697	12,606
Other Long-Term Liabilities	12,130	9,279	48,600	23,481	10,203	7,671
Total Liabilities	1,138,040	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	638,693	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	849,277	672,900	388,548	385,224	411,113	398,117
Total Liabilities & Equity	1,987,317	1,856,127	1,570,352	1,215,686	874,012	728,507
Total Debt	502,008	526,775	578,969	532,355	239,424	197,087
Net Cash (Debt)	-97,961	-246,395	-494,220	-307,278	-191,378	-134,748
Net Cash Per Share	-2.89	-7.28	-14.59	-9.07	-5.65	-3.98
Filing Date Shares Outstanding	33,865	33,864	33,864	33,864	33,864	33,864
Total Common Shares Outstanding	33,865	33,864	33,864	33,864	33,864	33,864
Working Capital	99,522	-34,919	-200,118	22,317	-59,791	-1,156
Book Value Per Share	25.08	19.87	11.47	11.38	12.14	11.76
Tangible Book Value	835,133	659,401	375,193	372,402	403,974	392,773
Tangible Book Value Per Share	24.66	19.47	11.08	11.00	11.93	11.60
Land	-	3,743	3,646	1,383	910	531.8
Buildings	-	143,550	142,982	61,371	61,262	59,400
Machinery	-	1,103,087	1,126,466	629,900	609,999	379,809
Construction In Progress	-	125,953	57,788	224,473	85,487	205,696

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.