Japaul Gold & Ventures 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	466.61	25.72	136.15	5.88	17.29
Short-Term Investments	-	8.88	8.88	8.88	8.88
Cash & Short-Term Investments	466.61	34.6	145.03	14.76	26.17
Cash Growth	1248.55%	-76.14%	882.38%	-43.58%	-56.66%
Accounts Receivable	13,816	12,127	1,168	345.6	193.94
Other Receivables	-	2,438	2,465	2,269	1,849
Receivables	13,816	14,565	3,633	2,615	2,043
Prepaid Expenses	-	7.99	2.05	7.84	12.64
Other Current Assets	-0	1,834	1,827	1,772	1,766
Total Current Assets	14,282	16,442	5,607	4,410	3,847
Property, Plant & Equipment	8,540	8,232	8,709	8,787	9,242
Other Intangible Assets	9,360	7,960	-	-	-
Other Long-Term Assets	1,345	782.61	-	-	-
Total Assets	33,527	33,417	14,316	13,197	13,089
Accounts Payable	6,902	927.05	679.12	738.92	752.72
Accrued Expenses	156.2	180.98	188.45	189.97	202.43
Short-Term Debt	2,292	2,292	3,097	1,481	1,470
Current Portion of Leases	1,000	1,000	-	1,000	1,000
Current Income Taxes Payable	168.83	432.55	330.88	284.36	256.5
Current Unearned Revenue	-	83.23	96.06	78.23	113.95
Other Current Liabilities	0	5,410	5,119	4,943	4,969
Total Current Liabilities	10,519	10,326	9,510	8,716	8,764
Long-Term Leases	3,568	3,568	4,568	3,568	3,568
Pension & Post-Retirement Benefits	35.01	72.62	72.62	73.51	73.51
Long-Term Deferred Tax Liabilities	966.38	966.38	966.38	966.38	966.38
Other Long-Term Liabilities	0	-	-	-	-
Total Liabilities	15,088	14,933	15,117	13,324	13,372
Common Stock	7,131	7,131	3,131	3,131	3,131
Additional Paid-In Capital	28,886	30,044	16,441	16,441	16,441
Retained Earnings	-17,579	-18,692	-20,372	-19,698	-19,854
Comprehensive Income & Other	-0.2	-0.19	-0.2	-0.2	-0.2
Total Common Equity	18,439	18,483	-800.48	-126.43	-282.42
Shareholders' Equity	18,439	18,483	-800.48	-126.43	-282.42
Total Liabilities & Equity	33,527	33,417	14,316	13,197	13,089
Total Debt	6,860	6,860	7,664	6,049	6,037
Net Cash (Debt)	-6,394	-6,826	-7,519	-6,034	-6,011
Net Cash Per Share	-0.45	-0.48	-1.20	-0.96	-0.96
Filing Date Shares Outstanding	14,263	14,263	6,263	6,263	6,263
Total Common Shares Outstanding	14,263	14,263	6,263	6,263	6,263
Working Capital	3,763	6,115	-3,902	-4,306	-4,917
Book Value Per Share	1.29	1.30	-0.13	-0.02	-0.05
Tangible Book Value	9,079	10,523	-800.48	-126.43	-282.42
Tangible Book Value Per Share	0.64	0.74	-0.13	-0.02	-0.05
Land	1,731	1,767	1,949	1,949	2,080
Buildings	20	87.05	127.05	127.05	274.03
Machinery	7,213	6,896	7,098	7,093	8,786
Construction In Progress	1,441	933.76	683.33	280.09	65.81
Leasehold Improvements	102.87	-	-	-	-

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