C & I Leasing 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	3,955	3,453	4,359	2,154	1,155	3,190
Cash & Short-Term Investments	3,955	3,453	4,359	2,154	1,155	3,190
Cash Growth	-46.06%	-20.80%	102.33%	86.50%	-63.79%	124.81%
Accounts Receivable	48,869	31,626	23,542	10,979	9,702	8,248
Other Receivables	1,739	1,805	1,302	1,506	606.46	2,616
Receivables	50,646	33,478	24,907	12,609	10,364	10,926
Inventory	7,031	5,346	3,886	3,784	3,309	2,629
Prepaid Expenses	2,000	4,500	716.89	450.92	489.61	301.87
Other Current Assets	5,934	5,943	4,113	6,720	6,361	5,773
Total Current Assets	69,565	52,721	37,983	25,718	21,679	22,820
Property, Plant & Equipment	71,787	74,516	71,515	1,772	623.16	1,292
Long-Term Investments	8,679	8,186	6,744	4,275	3,217	2,867
Other Intangible Assets	30.46	35.24	6.13	10.77	25.41	40.53
Long-Term Deferred Tax Assets	90.67	90.67	-	-	819.12	891.38
Other Long-Term Assets	-	-0	25.6	46,923	31,390	30,223
Total Assets	150,152	135,549	116,273	78,698	57,754	58,134
Accounts Payable	23,987	18,449	13,955	6,461	3,384	4,242
Accrued Expenses	4,524	3,354	4,513	1,812	1,079	771.64
Short-Term Debt	2,838	2,711	1,720	1,443	1,624	978.2
Current Portion of Long-Term Debt	22,617	21,147	11,778	22,256	16,112	8,031
Current Portion of Leases	4,037	3,967	2,283	2,283	2,791	2,522
Current Income Taxes Payable	663.5	1,016	664.56	677.76	518.08	448.33
Current Unearned Revenue	31.53	-	-	123.47	358.04	325.34
Other Current Liabilities	704.02	801.3	475.57	715.64	286.15	579.93
Total Current Liabilities	59,401	51,447	35,389	35,771	26,154	17,899
Long-Term Debt	27,130	24,418	29,817	10,485	11,930	21,727
Long-Term Leases	13,514	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	514.95	546.11	354.32	3,627	-	-
Other Long-Term Liabilities	0	-0	-	-0	0	1,975
Total Liabilities	100,561	89,985	68,121	52,302	41,039	44,271
Common Stock	1,474	1,474	1,474	390.82	390.82	390.82
Additional Paid-In Capital	4,253	4,253	4,253	3,362	3,362	3,362
Retained Earnings	9,522	9,141	6,594	5,546	5,344	4,864
Comprehensive Income & Other	32,296	28,769	34,323	16,150	6,779	4,372
Total Common Equity	47,546	43,637	46,644	25,449	15,875	12,988
Minority Interest	2,046	1,927	1,508	947.44	839.55	874.08
Shareholders' Equity	49,592	45,564	48,152	26,396	16,714	13,863
Total Liabilities & Equity	150,152	135,549	116,273	78,698	57,754	58,134
Total Debt	70,135	65,526	48,016	38,885	35,414	35,929
Net Cash (Debt)	-66,180	-62,074	-43,657	-36,731	-34,258	-32,739
Net Cash Per Share	-22.44	-21.05	-44.14	-12.46	-11.62	-25.13
Filing Date Shares Outstanding	2,949	2,949	2,949	1,303	1,303	1,303
Total Common Shares Outstanding	2,949	2,949	2,949	1,303	1,303	1,303
Working Capital	10,164	1,274	2,594	-10,053	-4,475	4,921
Book Value Per Share	16.12	14.80	15.82	19.53	12.19	9.97
Tangible Book Value	47,515	43,602	46,638	25,438	15,849	12,948
Tangible Book Value Per Share	16.11	14.79	15.82	19.53	12.17	9.94
Land	1,417	1,424	1,429	1,332	388.2	828.78
Buildings	394.5	396.89	343.01	332.46	333.78	462.65
Machinery	3,040	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.