Ikeja Hotel 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 24, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	34,716	33,156	22,739	14,643	8,606	4,844
Trading Asset Securities	-	-	-	-	2,333	-
Cash & Short-Term Investments	34,716	33,156	22,739	14,643	10,938	4,844
Cash Growth	37.72%	45.81%	55.29%	33.87%	125.81%	19.57%
Accounts Receivable	1,781	1,971	1,825	1,027	863.6	1,083
Other Receivables	-	-	11	-	-	-
Receivables	18,504	18,694	36,018	21,153	10,816	10,493
Inventory	201.66	214.87	252.68	251.45	223.61	402.04
Prepaid Expenses	508.67	266.26	231.63	215.45	123.4	56.48
Other Current Assets	2,151	1,370	1,434	817.76	748.68	610.89
Total Current Assets	56,081	53,701	60,675	37,081	22,850	16,406
Property, Plant & Equipment	23,627	23,725	22,981	22,662	6,995	22,955
Goodwill	-	-	-	-	-	4,453
Other Intangible Assets	11.87	12.43	14.68	17.46	18.33	34.48
Total Assets	79,720	77,438	83,671	59,760	29,864	43,848
Accounts Payable	877.97	959.45	852.04	976.11	781.6	785.21
Accrued Expenses	3,120	3,566	1,762	1,126	899.13	2,233
Current Income Taxes Payable	4,922	3,834	1,209	537.84	139.51	637.35
Current Unearned Revenue	20,385	20,528	32,903	18,912	8,743	8,242
Other Current Liabilities	684.95	886.95	617.53	338.83	936.12	1,143
Total Current Liabilities	29,990	29,775	37,344	21,891	11,499	13,040
Long-Term Debt	-	-	-	11,075	9,889	8,829
Pension & Post-Retirement Benefits	264.73	253.15	328.83	472.41	533.73	454.86
Long-Term Deferred Tax Liabilities	369.95	369.95	3,039	2,735	159.13	758.15
Other Long-Term Liabilities	2,744	2,801	12,405	-	-	4.25
Total Liabilities	33,369	33,199	53,116	36,174	22,081	23,086
Common Stock	1,081	1,081	1,081	1,081	1,039	1,039
Additional Paid-In Capital	1,433	1,433	1,433	1,433	1,381	1,381
Retained Earnings	29,845	27,773	14,252	7,367	5,552	6,413
Comprehensive Income & Other	13,826	13,826	13,826	13,826	1.83	3,122
Total Common Equity	46,185	44,113	30,592	23,706	7,974	11,955
Minority Interest	166.05	126.65	-37.14	-119.71	-190.9	8,806
Shareholders' Equity	46,351	44,239	30,555	23,587	7,783	20,762
Total Liabilities & Equity	79,720	77,438	83,671	59,760	29,864	43,848
Total Debt	-	-	-	11,075	9,889	8,829
Net Cash (Debt)	34,716	33,156	22,739	3,567	1,050	-3,985
Net Cash Growth	37.72%	45.81%	537.40%	239.90%	-	-
Net Cash Per Share	16.02	15.33	10.52	1.65	0.50	-1.92
Filing Date Shares Outstanding	2,162	2,162	2,162	2,162	2,079	2,079
Total Common Shares Outstanding	2,162	2,162	2,162	2,162	2,079	2,079
Working Capital	26,091	23,926	23,332	15,190	11,351	3,367
Book Value Per Share	21.36	20.40	14.15	10.96	3.84	5.75
Tangible Book Value	46,173	44,100	30,577	23,689	7,955	7,468
Tangible Book Value Per Share	21.35	20.39	14.14	10.96	3.83	3.59
Land	18,444	18,444	18,444	18,444	3,084	12,509
Buildings	5,355	5,355	5,250	5,048	4,828	5,829
Machinery	4,750	4,712	3,725	3,383	3,788	9,899
Construction In Progress	742.01	721.06	478.12	291.52	67.84	5,163

Source: S&P Global Market Intelligence. Standard template. Financial Sources.