BUA Foods 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	34,312	31,310	100,125	32,163	30,339
Cash & Short-Term Investments	34,312	31,310	100,125	32,163	30,339
Cash Growth	9.59%	-68.73%	211.30%	6.01%	18.13%
Accounts Receivable	5,044	2,391	1,656	538.35	1,741
Other Receivables	868,877	555,452	493,204	202,461	210,015
Receivables	873,921	557,844	494,860	202,999	211,756
Inventory	67,269	118,401	112,277	29,761	24,926
Prepaid Expenses	15,792	-	-	-	-
Other Current Assets	-	7,895	5,156	11,747	3,192
Total Current Assets	991,294	715,450	712,418	276,670	270,214
Property, Plant & Equipment	394,959	380,055	358,022	330,555	322,712
Other Long-Term Assets	-0	-	-	-	543.9
Total Assets	1,386,252	1,095,504	1,070,440	607,225	593,470
Accounts Payable	20,879	11,832	7,981	4,025	3,859
Accrued Expenses	-	81,435	38,905	23,007	28,343
Short-Term Debt	369,542	377,004	649,056	210,635	241,037
Current Portion of Long-Term Debt	182.57	14,058	1,217	2,051	2,974
Current Portion of Leases	33.97	20.85	5.07	5.07	4,292
Current Income Taxes Payable	45,732	24,318	15,820	8,323	12,779
Current Unearned Revenue	78,878	123,114	69,020	47,188	40,931
Other Current Liabilities	132,161	1,610	2,590	11,293	6,143
Total Current Liabilities	647,409	633,393	784,594	306,528	340,358
Long-Term Debt	787.44	796.5	1,377	3,475	4,890
Long-Term Leases	95.66	99.92	32.65	32.68	33.61
Long-Term Unearned Revenue	24.45	24.45	70.21	206.67	-
Long-Term Deferred Tax Liabilities	35,145	32,133	22,307	33,777	15,225
Other Long-Term Liabilities	-	-	-	32,244	32,244
Total Liabilities	683,461	666,448	808,381	376,263	392,751
Common Stock	9,000	9,000	9,000	9,000	9,000
Retained Earnings	694,735	421,000	254,002	222,905	192,662
Comprehensive Income & Other	-943.23	-943.23	-943.23	-943.23	-943.23
Shareholders' Equity	702,791	429,057	262,059	230,961	200,719
Total Liabilities & Equity	1,386,252	1,095,504	1,070,440	607,225	593,470
Total Debt	370,642	391,979	651,688	216,200	253,226
Net Cash (Debt)	-336,330	-360,669	-551,563	-184,036	-222,888
Net Cash Per Share	-18.69	-20.04	-30.64	-10.22	-13.53
Filing Date Shares Outstanding	18,000	18,000	18,000	18,000	18,000
Total Common Shares Outstanding	18,000	18,000	18,000	18,000	18,000
Working Capital	343,885	82,056	-72,176	-29,858	-70,145
Book Value Per Share	39.04	23.84	14.56	12.83	11.15
Tangible Book Value	702,791	429,057	262,059	230,961	200,719
Tangible Book Value Per Share	39.04	23.84	14.56	12.83	11.15
Land	16,069	13,563	13,337	13,299	11,231
Machinery	246,514	243,906	238,990	189,150	174,497
Construction In Progress	205,692	186,446	160,397	173,402	174,804

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