Julius Berger Nigeria 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 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	152,717	192,147	162,381	160,970	53,432	60,997
Cash & Short-Term Investments	152,717	192,147	162,381	160,970	53,432	60,997
Cash Growth	46.01%	18.33%	0.88%	201.26%	-12.40%	74.62%
Accounts Receivable	240,601	296,806	273,273	151,141	135,638	176,663
Other Receivables	121,052	37,957	24,136	18,930	24,612	2,884
Receivables	361,652	334,763	298,647	171,419	160,768	180,088
Inventory	92,664	92,251	93,591	61,347	43,298	36,330
Other Current Assets	511.3	536.76	1,246	1,208	1,376	126.89
Total Current Assets	607,544	619,698	555,865	394,944	258,874	277,543
Property, Plant & Equipment	339,742	333,929	314,130	105,448	97,474	86,203
Goodwill	19,616	20,180	36,168	22,686	11,140	11,151
Other Intangible Assets	11,981	11,452	1,320	1,509	1,697	1,886
Long-Term Accounts Receivable	42,624	50,252	84,848	79,523	83,377	60,032
Long-Term Deferred Tax Assets	33,121	28,702	13,380	11,435	8,320	6,731
Other Long-Term Assets	15,440	16,451	16,829	69,731	43,902	31,842
Total Assets	1,070,068	1,080,664	1,023,035	686,942	506,271	477,239
Accounts Payable	54,867	54,908	52,219	75,588	60,533	65,430
Accrued Expenses	224.69	25,905	21,811	47.32	423.27	210.28
Short-Term Debt	12,085	12,931	4,609	961.3	337.61	19,180
Current Portion of Long-Term Debt	-	-	-	3,511	2,308	2,310
Current Portion of Leases	6,197	5,826	4,927	3,803	2,034	1,678
Current Income Taxes Payable	34,700	13,097	8,113	16,917	13,132	3,469
Current Unearned Revenue	55,651	34,204	27,914	3,802	1,803	689.08
Other Current Liabilities	31,772	14,578	9,780	-	-	-
Total Current Liabilities	195,495	161,450	129,372	104,630	80,570	92,966
Long-Term Debt	-	-	-	-	1,101	3,280
Long-Term Leases	28,801	30,013	32,629	22,151	12,970	13,457
Long-Term Unearned Revenue	452,215	495,036	456,610	422,446	327,816	289,640
Pension & Post-Retirement Benefits	3,581	2,210	3,330	3,811	4,687	3,758
Long-Term Deferred Tax Liabilities	99,840	100,451	50,084	23,428	15,429	12,061
Other Long-Term Liabilities	3,045	3,293	5,230	4,007	6,635	8,964
Total Liabilities	782,977	792,453	677,255	580,474	449,210	424,126
Common Stock	800	800	800	800	800	800
Additional Paid-In Capital	425.44	425.44	425.44	425.44	425.44	425.44
Retained Earnings	86,340	83,499	58,791	48,331	39,887	35,938
Comprehensive Income & Other	199,037	202,991	285,404	56,756	15,902	15,944
Total Common Equity	286,602	287,716	345,420	106,312	57,015	53,107
Minority Interest	489.02	495.57	359.74	155.67	47.05	5.84
Shareholders' Equity	287,091	288,211	345,780	106,468	57,062	53,113
Total Liabilities & Equity	1,070,068	1,080,664	1,023,035	686,942	506,271	477,239
Total Debt	47,082	48,771	42,165	30,426	18,751	39,904
Net Cash (Debt)	105,635	143,377	120,217	130,544	34,681	21,093
Net Cash Growth	68.00%	19.27%	-7.91%	276.41%	64.42%	25830.56%
Net Cash Per Share	66.01	89.61	75.14	81.59	21.68	13.18
Filing Date Shares Outstanding	1,600	1,600	1,600	1,600	1,600	1,600
Total Common Shares Outstanding	1,600	1,600	1,600	1,600	1,600	1,600
Working Capital	412,049	458,248	426,493	290,313	178,304	184,576
Book Value Per Share	179.13	179.82	215.89	66.45	35.63	33.19
Tangible Book Value	255,006	256,084	307,932	82,118	44,177	40,071
Tangible Book Value Per Share	159.38	160.05	192.46	51.32	27.61	25.04
Land	-	231,810	210,993	7,708	7,108	6,749
Buildings	-	16,557	16,039	15,706	13,476	12,419
Machinery	-	162,234	165,120	168,815	168,101	154,398
Construction In Progress	-	566.01	-	-	-	-

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