Honeywell Flour Mills Balance Sheet

Financials in millions NGN. Fiscal year is April - March.

Millions NGN. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	21,712	5,265	5,070	8,041	13,703	20,255
Cash & Short-Term Investments	21,712	5,265	5,070	8,041	13,703	20,255
Cash Growth	156.76%	3.84%	-36.95%	-41.32%	-32.35%	64.51%
Accounts Receivable	4,664	27,507	2,370	1,150	2,952	3,122
Other Receivables	8	54.4	30.52	107.96	336.86	123.38
Receivables	4,672	27,562	2,401	1,258	3,289	3,245
Inventory	43,922	48,125	52,497	32,056	31,726	19,780
Prepaid Expenses	5,793	5,304	880.44	3,258	2,532	237.73
Other Current Assets	2,497	6,505	6,287	34,473	198.04	2,418
Total Current Assets	78,596	92,760	67,135	79,087	51,448	45,937
Property, Plant & Equipment	73,639	71,497	81,739	85,750	97,062	101,321
Other Intangible Assets	22	38.46	92.16	162.54	186.32	136.83
Other Long-Term Assets	-	-0	-	-	-	-
Total Assets	152,257	167,446	148,966	165,000	148,696	147,395
Accounts Payable	36,959	70,186	48,096	19,985	2,552	1,651
Accrued Expenses	5,371	8,358	22,781	19,542	16,188	15,130
Current Portion of Long-Term Debt	7,482	6,681	4,687	42,573	40,513	37,940
Current Portion of Leases	121	101.72	126.56	250	-	-
Current Income Taxes Payable	624	4,415	796.04	787.41	814.75	200.96
Current Unearned Revenue	717	9,679	11,623	6,127	-	-
Other Current Liabilities	32,055	462.75	668.25	881.17	8,151	7,018
Total Current Liabilities	83,329	99,884	88,779	90,146	68,218	61,941
Long-Term Debt	15,882	20,284	28,883	33,861	21,316	22,545
Long-Term Leases	836	769.15	730.02	574.62	-	-
Long-Term Unearned Revenue	883	1,319	2,229	3,343	-	-
Pension & Post-Retirement Benefits	198	149.05	145.32	277.12	-	-
Long-Term Deferred Tax Liabilities	7,480	7,595	5,343	3,822	13,715	4,941
Other Long-Term Liabilities	-	0	0	-	-	-
Total Liabilities	108,608	130,001	126,109	132,024	103,248	89,426
Common Stock	3,965	3,965	3,965	3,965	3,965	3,965
Additional Paid-In Capital	6,462	6,462	6,462	6,462	6,462	6,462
Retained Earnings	13,834	7,630	-6,959	3,161	2,905	15,426
Comprehensive Income & Other	19,388	19,388	19,388	19,388	32,116	32,116
Shareholders' Equity	43,649	37,445	22,857	32,976	45,448	57,969
Total Liabilities & Equity	152,257	167,446	148,966	165,000	148,696	147,395
Total Debt	24,321	27,836	34,427	77,259	61,828	60,485
Net Cash (Debt)	-2,609	-22,572	-29,357	-69,217	-48,125	-40,229
Net Cash Per Share	-0.33	-2.85	-3.70	-8.73	-6.07	-5.07
Filing Date Shares Outstanding	7,930	7,930	7,930	7,930	7,930	7,930
Total Common Shares Outstanding	7,930	7,930	7,930	7,930	7,930	7,930
Working Capital	-4,733	-7,124	-21,644	-11,059	-16,770	-16,004
Book Value Per Share	5.50	4.72	2.88	4.16	5.73	7.31
Tangible Book Value	43,627	37,407	22,764	32,814	45,261	57,832
Tangible Book Value Per Share	5.50	4.72	2.87	4.14	5.71	7.29
Land	8,500	8,500	9,858	9,858	11,026	11,026
Buildings	27,413	27,402	30,096	29,643	42,056	41,938
Machinery	81,970	81,521	80,904	78,723	72,849	65,635
Construction In Progress	6,439	55.4	-	903.73	120.16	6,599

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