NGX:IMG 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	2,245	525.14	2,288	1,072	2,017
Short-Term Investments	30.51	4,632	-	-	-
Cash & Short-Term Investments	2,275	5,157	2,288	1,072	2,017
Cash Growth	-55.88%	125.35%	113.38%	-46.84%	22.75%
Accounts Receivable	1,052	1,227	1,067	2,364	483.04
Other Receivables	-	-	-	5.21	4.44
Receivables	1,052	1,227	1,075	2,378	489.82
Inventory	1,481	1,431	993.14	657.35	660.77
Prepaid Expenses	49.37	48.09	27.64	41.79	21.4
Other Current Assets	261	211.23	125.14	222.04	287.86
Total Current Assets	5,118	8,073	4,509	4,371	3,477
Property, Plant & Equipment	9,679	6,805	2,885	2,350	2,085
Other Long-Term Assets	-	-	-	62.48	34.05
Total Assets	14,797	14,878	7,394	6,784	5,596
Accounts Payable	784.86	1,067	1,040	411.36	431.92
Accrued Expenses	358.18	438.06	439.35	190.63	205.34
Short-Term Debt	-	-	-	1,169	-
Current Portion of Long-Term Debt	135.67	1,407	360.46	-	-
Current Income Taxes Payable	585.45	1,078	198.36	445.48	325.39
Current Unearned Revenue	140.52	126.61	78.72	135.47	141.04
Other Current Liabilities	626.34	561.21	496.33	553.91	1,028
Total Current Liabilities	2,631	4,678	2,613	2,906	2,131
Long-Term Debt	-	3,922	-	-	-
Pension & Post-Retirement Benefits	33.42	32.64	34.82	18.82	19.93
Long-Term Deferred Tax Liabilities	292.25	330.89	562.17	357.35	391.66
Total Liabilities	2,957	8,964	3,210	3,282	2,543
Common Stock	365.53	249.75	249.75	249.75	208.12
Additional Paid-In Capital	5,602	357.65	-	-	-
Retained Earnings	5,872	5,307	3,934	3,252	2,845
Shareholders' Equity	11,840	5,915	4,184	3,501	3,053
Total Liabilities & Equity	14,797	14,878	7,394	6,784	5,596
Total Debt	135.67	5,329	360.46	1,169	-
Net Cash (Debt)	2,139	-172.42	1,928	-97.04	2,017
Net Cash Growth	-	-	-	-	31.03%
Net Cash Per Share	3.51	-0.31	3.51	-0.18	3.67
Filing Date Shares Outstanding	731.06	549.44	549.44	549.44	549.44
Total Common Shares Outstanding	731.06	549.44	549.44	549.44	549.44
Working Capital	2,487	3,395	1,896	1,465	1,346
Book Value Per Share	16.20	10.76	7.61	6.37	5.56
Tangible Book Value	11,840	5,915	4,184	3,501	3,053
Tangible Book Value Per Share	16.20	10.76	7.61	6.37	5.56
Land	2.14	2.54	2.54	2.54	2.54
Buildings	552.6	552.19	200.86	200.86	188.71
Machinery	5,044	4,930	982.08	4,049	3,953
Construction In Progress	7,508	4,441	596.63	422.01	330.48

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