NGX:CAVERTON 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	1,527	3,373	447.86	20,439	3,005	6,734
Short-Term Investments	780.4	800	-	490.14	484.37	450
Cash & Short-Term Investments	2,308	4,173	447.86	20,929	3,490	7,184
Cash Growth	294.41%	831.78%	-97.86%	499.73%	-51.42%	443.40%
Accounts Receivable	20,698	11,681	10,888	4,687	7,846	4,435
Other Receivables	290.25	1,243	865.47	2,517	1,665	1,172
Receivables	20,989	12,924	11,753	7,204	9,511	5,606
Inventory	9,342	9,347	9,388	9,292	9,140	8,730
Prepaid Expenses	343.44	21.94	9.11	21.17	1.77	234.45
Other Current Assets	8,966	9,456	26,026	10,098	19,850	18,532
Total Current Assets	41,947	35,922	47,624	47,545	41,992	40,287
Property, Plant & Equipment	69,846	75,675	22,314	25,487	26,077	32,769
Long-Term Investments	177.39	1,003	181.07	13.51	7.98	246.43
Goodwill	6,027	6,027	6,027	6,027	6,027	6,027
Other Intangible Assets	-	-	17.74	90.46	161.48	233.3
Long-Term Deferred Tax Assets	155.58	-	-	155.58	190.52	237.5
Total Assets	118,153	118,627	76,164	79,318	74,456	79,800
Accounts Payable	24,325	16,772	37,736	13,005	9,477	15,942
Accrued Expenses	-1,185	8,970	7,909	6,436	4,857	223.11
Short-Term Debt	-	111.81	1,835	1,178	1,768	-
Current Portion of Long-Term Debt	40,511	53,342	25,808	17,509	15,576	18,011
Current Portion of Leases	4,337	7,573	7,071	5,321	4,622	2,932
Current Income Taxes Payable	-	1,477	1,335	1,144	1,009	942.01
Current Unearned Revenue	-	31.69	51.96	47.53	256.25	949.98
Other Current Liabilities	27,962	17,972	13,243	5,385	3,871	4,100
Total Current Liabilities	95,949	106,250	94,989	50,026	41,436	43,100
Long-Term Debt	33,293	17,901	27,032	20,818	14,699	14,511
Long-Term Leases	5,749	3,238	8,379	9,143	6,053	4,881
Long-Term Unearned Revenue	-	-	371.32	79.21	122.78	-
Other Long-Term Liabilities	-	-	-	-	-0	-
Total Liabilities	134,991	127,389	130,771	80,066	62,311	62,493
Common Stock	1,675	1,675	1,675	1,675	1,675	1,675
Additional Paid-In Capital	6,617	6,617	6,617	6,617	6,617	6,617
Retained Earnings	-79,290	-76,186	-62,400	-8,927	3,727	8,854
Comprehensive Income & Other	54,618	59,642	-91.02	-93.32	52.08	48.75
Total Common Equity	-16,380	-8,252	-54,199	-728.49	12,071	17,195
Minority Interest	-458.55	-509.45	-408.95	-19.14	74.16	111.91
Shareholders' Equity	-16,838	-8,761	-54,607	-747.63	12,145	17,307
Total Liabilities & Equity	118,153	118,627	76,164	79,318	74,456	79,800
Total Debt	83,889	82,167	70,125	53,969	42,719	40,336
Net Cash (Debt)	-81,581	-77,993	-69,677	-33,040	-39,229	-33,152
Net Cash Per Share	-24.28	-23.28	-20.80	-9.86	-11.71	-9.89
Filing Date Shares Outstanding	3,351	3,351	3,351	3,351	3,351	3,351
Total Common Shares Outstanding	3,351	3,351	3,351	3,351	3,351	3,351
Working Capital	-54,002	-70,328	-47,365	-2,481	556.46	-2,814
Book Value Per Share	-4.89	-2.46	-16.18	-0.22	3.60	5.13
Tangible Book Value	-22,407	-14,279	-60,243	-6,846	5,883	10,935
Tangible Book Value Per Share	-6.69	-4.26	-17.98	-2.04	1.76	3.26
Land	2,984	3,299	6,006	6,006	6,006	5,471
Buildings	30,187	33,285	7,116	7,116	7,116	4,097
Machinery	47,111	46,717	10,611	9,733	14,167	18,579
Construction In Progress	4,657	4,041	5,068	4,576	-	11,419