Conoil 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	12,295	12,912	7,264	11,327	5,882	6,665
Cash & Short-Term Investments	12,295	12,912	7,264	11,327	5,882	6,665
Cash Growth	71.14%	77.75%	-35.87%	92.58%	-11.75%	13.06%
Accounts Receivable	76,764	68,728	37,889	28,067	22,922	18,802
Other Receivables	4,605	4,605	4,605	4,605	2,428	2,214
Receivables	81,369	73,333	42,494	32,672	25,350	21,016
Inventory	26,616	35,119	53,767	44,812	26,086	17,393
Prepaid Expenses	127.25	137.11	56.98	96.12	96.12	45.71
Other Current Assets	4,536	4,536	4,892	4,700	4,804	4,557
Total Current Assets	124,944	126,038	108,474	93,608	62,217	49,677
Property, Plant & Equipment	10,454	10,814	3,973	1,562	1,410	1,870
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	0.01	24.69
Long-Term Deferred Tax Assets	2,380	2,380	2,380	2,214	2,207	2,186
Other Long-Term Assets	134.59	134.59	123.57	94.77	74.87	223.94
Total Assets	137,913	139,367	114,951	97,478	65,909	53,981
Accounts Payable	15,820	19,821	13,847	2,591	10,990	3,465
Accrued Expenses	6,083	5,910	9,538	9,059	6,081	9,343
Short-Term Debt	53,961	54,904	28,675	32,006	5,705	7,356
Current Income Taxes Payable	3,183	3,218	5,069	4,836	2,973	2,033
Other Current Liabilities	14,577	15,126	17,190	15,082	14,397	9,202
Total Current Liabilities	93,625	98,979	74,319	63,575	40,145	31,401
Long-Term Deferred Tax Liabilities	533.41	533.41	533.41	162.66	162.94	206.58
Other Long-Term Liabilities	614.38	614.38	609.06	595.15	588.93	584.79
Total Liabilities	94,773	100,127	75,461	64,332	40,897	32,192
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	38,968	35,068	35,319	28,974	20,840	17,618
Shareholders' Equity	43,140	39,240	39,490	33,146	25,012	21,789
Total Liabilities & Equity	137,913	139,367	114,951	97,478	65,909	53,981
Total Debt	53,961	54,904	28,675	32,006	5,705	7,356
Net Cash (Debt)	-41,666	-41,992	-21,411	-20,679	176.15	-691.74
Net Cash Per Share	-60.04	-60.51	-30.85	-29.80	0.25	-1.00
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	31,319	27,059	34,155	30,033	22,072	18,276
Book Value Per Share	62.17	56.55	56.91	47.76	36.04	31.40
Tangible Book Value	43,140	39,240	39,490	33,146	25,012	21,765
Tangible Book Value Per Share	62.17	56.55	56.91	47.76	36.04	31.36
Land	239.7	239.7	147.77	147.77	147.77	147.77
Buildings	9,410	9,410	8,812	6,987	6,954	6,954
Machinery	21,598	21,598	21,406	20,501	19,800	19,791
Construction In Progress	7,189	7,189	424.84	-	-	-