CWG Plc 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	5,210	6,045	1,795	922.25	916.82
Cash & Short-Term Investments	5,210	6,045	1,795	922.25	916.82
Cash Growth	-13.81%	236.82%	94.60%	0.59%	10.12%
Accounts Receivable	9,174	6,952	4,499	3,220	1,883
Other Receivables	10,744	1,431	679.99	2,162	-
Receivables	19,918	8,383	5,179	5,382	1,883
Inventory	8,165	3,533	2,623	1,269	584.24
Prepaid Expenses	1,188	1,778	467.95	1,277	154.85
Other Current Assets	4,207	8,641	6,610	4,772	4,231
Total Current Assets	38,688	28,379	16,675	13,622	7,770
Property, Plant & Equipment	1,492	1,109	729.7	599.44	541.15
Long-Term Investments	385.79	392.1	337.54	236.16	18.36
Other Intangible Assets	51.81	63.07	62.21	74.59	82.64
Long-Term Deferred Tax Assets	2.67	2.67	10.44	1.09	4.23
Other Long-Term Assets	-0	-	0	-	-
Total Assets	40,620	29,947	17,815	14,533	8,417
Accounts Payable	9,899	7,766	5,084	4,711	2,571
Accrued Expenses	10,963	7,149	4,973	4,684	3,802
Short-Term Debt	4,578	2,011	2,404	1,845	151.37
Current Portion of Leases	19.68	26.24	8.7	19.74	54.37
Current Income Taxes Payable	2,305	1,258	428.33	225.48	179.37
Current Unearned Revenue	2,326	4,649	2,157	1,233	186.39
Other Current Liabilities	408.83	383.18	379.6	341.93	394.2
Total Current Liabilities	30,501	23,243	15,434	13,061	7,339
Long-Term Leases	-	-	-	-	20.11
Long-Term Deferred Tax Liabilities	75.25	75.25	137.99	-	-
Total Liabilities	30,576	23,319	15,572	13,061	7,359
Common Stock	1,262	1,262	1,262	1,262	1,262
Retained Earnings	8,062	3,439	798.7	323.61	-153.19
Comprehensive Income & Other	719.65	1,927	182.53	-114.09	-51.53
Shareholders' Equity	10,044	6,628	2,244	1,472	1,058
Total Liabilities & Equity	40,620	29,947	17,815	14,533	8,417
Total Debt	4,598	2,038	2,412	1,865	225.85
Net Cash (Debt)	612	4,007	-617.66	-942.93	690.97
Net Cash Growth	-84.73%	-	-	-	34.25%
Net Cash Per Share	0.24	1.59	-0.24	-0.37	0.27
Filing Date Shares Outstanding	2,525	2,525	2,525	2,525	2,525
Total Common Shares Outstanding	2,525	2,525	2,525	2,525	2,525
Working Capital	8,187	5,136	1,242	560.65	431.41
Book Value Per Share	3.98	2.63	0.89	0.58	0.42
Tangible Book Value	9,992	6,565	2,181	1,397	975.05
Tangible Book Value Per Share	3.96	2.60	0.86	0.55	0.39
Land	111.4	111.4	111.4	111.4	111.4
Buildings	287.93	216.28	212.3	176.97	176.97
Machinery	3,590	2,972	2,305	2,054	1,844
Construction In Progress	79.25	2.09	20.59	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.