C & I Leasing 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	3,453	4,359	2,154	1,155	3,190
Cash & Short-Term Investments	3,453	4,359	2,154	1,155	3,190
Cash Growth	-20.80%	102.33%	86.50%	-63.79%	124.81%
Accounts Receivable	31,626	23,542	10,979	9,702	8,248
Other Receivables	1,805	1,302	1,506	606.46	2,616
Receivables	33,478	24,907	12,609	10,364	10,926
Inventory	5,346	3,886	3,784	3,309	2,629
Prepaid Expenses	4,500	716.89	450.92	489.61	301.87
Other Current Assets	5,943	4,113	6,720	6,361	5,773
Total Current Assets	52,721	37,983	25,718	21,679	22,820
Property, Plant & Equipment	74,516	71,515	1,772	623.16	1,292
Long-Term Investments	8,186	6,744	4,275	3,217	2,867
Other Intangible Assets	35.24	6.13	10.77	25.41	40.53
Long-Term Deferred Tax Assets	90.67	-	-	819.12	891.38
Other Long-Term Assets	-0	25.6	46,923	31,390	30,223
Total Assets	135,549	116,273	78,698	57,754	58,134
Accounts Payable	18,449	13,955	6,461	3,384	4,242
Accrued Expenses	3,354	4,513	1,812	1,079	771.64
Short-Term Debt	2,711	1,720	1,443	1,624	978.2
Current Portion of Long-Term Debt	21,147	11,778	22,256	16,112	8,031
Current Portion of Leases	3,967	2,283	2,283	2,791	2,522
Current Income Taxes Payable	1,016	664.56	677.76	518.08	448.33
Current Unearned Revenue	-	-	123.47	358.04	325.34
Other Current Liabilities	801.3	475.57	715.64	286.15	579.93
Total Current Liabilities	51,447	35,389	35,771	26,154	17,899
Long-Term Debt	24,418	29,817	10,485	11,930	21,727
Long-Term Leases	13,282	2,418	2,418	2,956	2,671
Long-Term Unearned Revenue	42.93	77.55	-	-	-
Pension & Post-Retirement Benefits	248.77	65.09	-	-	-
Long-Term Deferred Tax Liabilities	546.11	354.32	3,627	-	-
Other Long-Term Liabilities	-0	-	-0	0	1,975
Total Liabilities	89,985	68,121	52,302	41,039	44,271
Common Stock	1,474	1,474	390.82	390.82	390.82
Additional Paid-In Capital	4,253	4,253	3,362	3,362	3,362
Retained Earnings	9,141	6,594	5,546	5,344	4,864
Comprehensive Income & Other	28,769	34,323	16,150	6,779	4,372
Total Common Equity	43,637	46,644	25,449	15,875	12,988
Minority Interest	1,927	1,508	947.44	839.55	874.08
Shareholders' Equity	45,564	48,152	26,396	16,714	13,863
Total Liabilities & Equity	135,549	116,273	78,698	57,754	58,134
Total Debt	65,526	48,016	38,885	35,414	35,929
Net Cash (Debt)	-62,074	-43,657	-36,731	-34,258	-32,739
Net Cash Per Share	-21.05	-44.14	-12.46	-11.62	-25.13
Filing Date Shares Outstanding	2,949	2,949	1,303	1,303	1,303
Total Common Shares Outstanding	2,949	2,949	1,303	1,303	1,303
Working Capital	1,274	2,594	-10,053	-4,475	4,921
Book Value Per Share	14.80	15.82	19.53	12.19	9.97
Tangible Book Value	43,602	46,638	25,438	15,849	12,948
Tangible Book Value Per Share	14.79	15.82	19.53	12.17	9.94
Land	1,424	1,429	1,332	388.2	828.78
Buildings	396.89	343.01	332.46	333.78	462.65
Machinery	3,160	2,944	2,039	1,357	1,637
Construction In Progress	-	-	-	-	33.46
Leasehold Improvements	-	-	-	-	9.48

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