Champion Breweries 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	16,068	47,348	4,311	2,445	2,189	2,872
Cash & Short-Term Investments	16,068	47,348	4,311	2,445	2,189	2,872
Cash Growth	186.17%	998.37%	76.34%	11.69%	-23.79%	180.13%
Accounts Receivable	6,696	80.19	125.48	352.43	44.87	60.74
Other Receivables	-	9.02	15.9	31.63	28.32	39.32
Receivables	6,696	89.21	141.37	384.07	73.2	100.06
Inventory	4,322	4,157	2,856	2,226	1,401	1,024
Prepaid Expenses	699	768.13	2.09	92.89	61.96	60.25
Other Current Assets	299.17	165.36	13.99	54.74	947.03	10.07
Total Current Assets	28,084	52,527	7,324	5,203	4,672	4,066
Property, Plant & Equipment	100,381	19,495	14,021	15,351	10,781	9,407
Long-Term Deferred Tax Assets	821.45	572.29	-	-	-	13.72
Other Long-Term Assets	-	9,744	-	-	-	-
Total Assets	132,475	82,339	21,345	20,553	15,454	13,487
Accounts Payable	10,850	3,148	4,992	4,034	1,161	1,082
Accrued Expenses	431.27	1,668	1,689	1,047	380.11	1,236
Short-Term Debt	-	-	-	1,346	-	-
Current Portion of Long-Term Debt	18,158	29,426	-	-	-	-
Current Portion of Leases	0.03	17.48	191.36	118.08	79.02	71.18
Current Income Taxes Payable	1,867	1,660	1,049	133.87	178.7	80.38
Current Unearned Revenue	661.69	1,108	439.48	308.36	227.68	13.5
Other Current Liabilities	534.06	2,075	857.18	980.11	900.7	613.9
Total Current Liabilities	32,502	39,103	9,218	7,968	2,927	3,096
Long-Term Debt	31,078	29,636	-	-	-	-
Long-Term Leases	-	-	17.51	127.06	445.08	468.61
Pension & Post-Retirement Benefits	499.91	438.44	-	629.81	448.26	362.82
Long-Term Deferred Tax Liabilities	-	-	14.7	584.87	688.04	-
Other Long-Term Liabilities	105.86	83.86	39.05	47.64	30.79	-
Total Liabilities	64,186	69,261	9,289	9,358	4,539	3,928
Common Stock	5,662	4,474	4,474	3,915	3,915	3,915
Additional Paid-In Capital	35,785	-	-	519.1	519.1	519.1
Retained Earnings	5,785	5,121	3,880	3,060	2,779	1,424
Comprehensive Income & Other	4,729	3,483	3,702	3,702	3,702	3,702
Shareholders' Equity	68,289	13,077	12,056	11,195	10,914	9,559
Total Liabilities & Equity	132,475	82,339	21,345	20,553	15,454	13,487
Total Debt	49,236	59,079	208.87	1,591	524.1	539.79
Net Cash (Debt)	-33,168	-11,732	4,102	853.4	1,665	2,332
Net Cash Growth	-	-	380.65%	-48.73%	-28.62%	398.55%
Net Cash Per Share	-3.68	-1.31	0.46	0.10	0.19	0.26
Filing Date Shares Outstanding	1,126	8,948	8,948	8,948	8,948	8,948
Total Common Shares Outstanding	1,126	8,948	8,948	8,948	8,948	8,948
Working Capital	-4,418	13,424	-1,894	-2,766	1,745	969.97
Book Value Per Share	46.14	1.46	1.35	1.25	1.22	1.07
Tangible Book Value	48,772	13,077	12,056	11,195	10,914	9,559
Tangible Book Value Per Share	43.31	1.46	1.35	1.25	1.22	1.07
Land	-	954.1	954.1	954.1	954.1	954.1
Buildings	-	3,426	3,332	3,187	2,960	2,697
Machinery	-	11,369	10,560	10,386	8,197	7,595
Construction In Progress	-	4,540	1,553	1,788	787.28	768.22

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