Conoil Balance Sheet

Financials in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	9,270	7,264	11,327	5,882	6,665	5,895
Cash & Short-Term Investments	9,270	7,264	11,327	5,882	6,665	5,895
Cash Growth	-19.07%	-35.87%	92.58%	-11.75%	13.06%	-16.75%
Accounts Receivable	76,210	37,889	28,067	22,922	18,802	15,022
Other Receivables	4,794	4,605	4,605	2,428	2,214	1,959
Receivables	81,005	42,494	32,672	25,350	21,016	16,981
Inventory	18,516	53,767	44,812	26,086	17,393	16,008
Prepaid Expenses	306.34	56.98	96.12	96.12	45.71	76.13
Other Current Assets	4,347	4,892	4,700	4,804	4,557	4,969
Total Current Assets	113,444	108,474	93,608	62,217	49,677	43,929
Property, Plant & Equipment	10,262	3,973	1,562	1,410	1,870	2,300
Long-Term Investments	0.01	0.01	0.01	0.01	0.01	0.01
Other Intangible Assets	0.01	0.01	0.01	0.01	24.69	35.05
Long-Term Deferred Tax Assets	2,380	2,380	2,214	2,207	2,186	2,375
Other Long-Term Assets	104.21	123.57	94.77	74.87	223.94	226.51
Total Assets	126,191	114,951	97,478	65,909	53,981	48,865
Accounts Payable	19,971	13,814	2,591	10,990	3,465	7,116
Accrued Expenses	5,577	9,538	9,059	6,081	9,343	7,655
Short-Term Debt	39,690	28,675	32,006	5,705	7,356	189.73
Current Income Taxes Payable	3,733	5,069	4,836	2,973	2,033	2,300
Other Current Liabilities	15,122	17,223	15,082	14,397	9,202	11,119
Total Current Liabilities	84,094	74,319	63,575	40,145	31,401	28,380
Long-Term Deferred Tax Liabilities	533.41	533.41	162.66	162.94	206.58	401.39
Other Long-Term Liabilities	609.06	609.06	595.15	588.93	584.79	563.41
Total Liabilities	85,236	75,461	64,332	40,897	32,192	29,345
Common Stock	346.98	346.98	346.98	346.98	346.98	346.98
Additional Paid-In Capital	3,825	3,825	3,825	3,825	3,825	3,825
Retained Earnings	36,783	35,319	28,974	20,840	17,618	15,348
Shareholders' Equity	40,955	39,490	33,146	25,012	21,789	19,520
Total Liabilities & Equity	126,191	114,951	97,478	65,909	53,981	48,865
Total Debt	39,690	28,675	32,006	5,705	7,356	189.73
Net Cash (Debt)	-30,420	-21,411	-20,679	176.15	-691.74	5,705
Net Cash Per Share	-43.84	-30.85	-29.80	0.25	-1.00	8.22
Filing Date Shares Outstanding	693.95	693.95	693.95	693.95	693.95	693.95
Total Common Shares Outstanding	693.95	693.95	693.95	693.95	693.95	693.95
Working Capital	29,351	34,155	30,033	22,072	18,276	15,549
Book Value Per Share	59.02	56.91	47.76	36.04	31.40	28.13
Tangible Book Value	40,955	39,490	33,146	25,012	21,765	19,485
Tangible Book Value Per Share	59.02	56.91	47.76	36.04	31.36	28.08
Land	147.77	147.77	147.77	147.77	147.77	147.77
Buildings	8,812	8,812	6,987	6,954	6,954	6,954
Machinery	21,406	21,406	20,501	19,800	19,791	19,755
Construction In Progress	7,614	424.84	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.