BUA Foods 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	53,507	56,364	31,310	100,125	32,163	30,339
Cash & Short-Term Investments	53,507	56,364	31,310	100,125	32,163	30,339
Cash Growth	120.27%	80.02%	-68.73%	211.30%	6.01%	18.13%
Accounts Receivable	85,183	8,266	2,391	1,656	538.35	1,741
Other Receivables	947,417	818,243	555,452	493,204	202,461	210,015
Receivables	1,032,600	826,509	557,844	494,860	202,999	211,756
Inventory	73,306	81,385	118,401	112,277	29,761	24,926
Other Current Assets	-	29,133	7,895	5,156	11,747	3,192
Total Current Assets	1,159,413	993,390	715,450	712,418	276,670	270,214
Property, Plant & Equipment	396,268	394,403	380,055	358,022	330,555	322,712
Other Long-Term Assets	-	-	-	-	-	543.9
Total Assets	1,555,681	1,387,794	1,095,504	1,070,440	607,225	593,470
Accounts Payable	156,293	17,626	11,832	7,981	4,025	3,859
Accrued Expenses	-	124,970	81,435	38,905	23,007	28,343
Short-Term Debt	23,172	390,705	377,004	649,056	210,635	241,037
Current Portion of Long-Term Debt	362,020	941.64	14,058	1,217	2,051	2,974
Current Portion of Leases	19.22	16.73	20.85	5.07	5.07	4,292
Current Income Taxes Payable	66,946	54,909	24,318	15,820	8,323	12,779
Current Unearned Revenue	89,956	82,436	123,114	69,020	47,188	40,931
Other Current Liabilities	-0	632.35	1,610	2,590	11,293	6,143
Total Current Liabilities	698,406	672,236	633,393	784,594	306,528	340,358
Long-Term Debt	40.14	40.14	796.5	1,377	3,475	4,890
Long-Term Leases	93.15	95.66	99.92	32.65	32.68	33.61
Long-Term Unearned Revenue	1.88	1.88	24.45	70.21	206.67	-
Long-Term Deferred Tax Liabilities	1,379	1,975	32,133	22,307	33,777	15,225
Other Long-Term Liabilities	-	-	-	-	32,244	32,244
Total Liabilities	699,920	674,349	666,448	808,381	376,263	392,751
Common Stock	9,000	9,000	9,000	9,000	9,000	9,000
Retained Earnings	847,704	705,388	421,000	254,002	222,905	192,662
Comprehensive Income & Other	-943.23	-943.23	-943.23	-943.23	-943.23	-943.23
Shareholders' Equity	855,761	713,445	429,057	262,059	230,961	200,719
Total Liabilities & Equity	1,555,681	1,387,794	1,095,504	1,070,440	607,225	593,470
Total Debt	385,344	391,799	391,979	651,688	216,200	253,226
Net Cash (Debt)	-331,837	-335,435	-360,669	-551,563	-184,036	-222,888
Net Cash Per Share	-18.44	-18.64	-20.04	-30.64	-10.22	-13.53
Filing Date Shares Outstanding	17,992	18,000	18,000	18,000	18,000	18,000
Total Common Shares Outstanding	17,992	18,000	18,000	18,000	18,000	18,000
Working Capital	461,007	321,154	82,056	-72,176	-29,858	-70,145
Book Value Per Share	47.56	39.64	23.84	14.56	12.83	11.15
Tangible Book Value	855,761	713,445	429,057	262,059	230,961	200,719
Tangible Book Value Per Share	47.56	39.64	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	-	205,115	186,446	160,397	173,402	174,804

Source: S&P Global Market Intelligence. Standard template. Financial Sources.