Julius Berger Nigeria 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	192,147	162,381	160,970	53,432	60,997
Cash & Short-Term Investments	192,147	162,381	160,970	53,432	60,997
Cash Growth	18.33%	0.88%	201.26%	-12.40%	74.62%
Accounts Receivable	296,806	273,273	151,141	135,638	176,663
Other Receivables	37,957	24,136	18,930	24,612	2,884
Receivables	334,763	298,647	171,419	160,768	180,088
Inventory	92,251	93,591	61,347	43,298	36,330
Other Current Assets	536.76	1,246	1,208	1,376	126.89
Total Current Assets	619,698	555,865	394,944	258,874	277,543
Property, Plant & Equipment	333,929	314,130	105,448	97,474	86,203
Goodwill	20,180	36,168	22,686	11,140	11,151
Other Intangible Assets	11,452	1,320	1,509	1,697	1,886
Long-Term Accounts Receivable	50,252	84,848	79,523	83,377	60,032
Long-Term Deferred Tax Assets	28,702	13,380	11,435	8,320	6,731
Other Long-Term Assets	16,451	16,829	69,731	43,902	31,842
Total Assets	1,080,664	1,023,035	686,942	506,271	477,239
Accounts Payable	54,908	52,219	75,588	60,533	65,430
Accrued Expenses	25,905	21,811	47.32	423.27	210.28
Short-Term Debt	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	5,826	4,927	3,803	2,034	1,678
Current Income Taxes Payable	13,097	8,113	16,917	13,132	3,469
Current Unearned Revenue	34,204	27,914	3,802	1,803	689.08
Other Current Liabilities	14,578	9,780	-	-	-
Total Current Liabilities	161,450	129,372	104,630	80,570	92,966
Long-Term Debt	-	-	-	1,101	3,280
Long-Term Leases	30,013	32,629	22,151	12,970	13,457
Long-Term Unearned Revenue	495,036	456,610	422,446	327,816	289,640
Pension & Post-Retirement Benefits	2,210	3,330	3,811	4,687	3,758
Long-Term Deferred Tax Liabilities	100,451	50,084	23,428	15,429	12,061
Other Long-Term Liabilities	3,293	5,230	4,007	6,635	8,964
Total Liabilities	792,453	677,255	580,474	449,210	424,126
Common Stock	800	800	800	800	800
Additional Paid-In Capital	425.44	425.44	425.44	425.44	425.44
Retained Earnings	83,499	58,791	48,331	39,887	35,938
Comprehensive Income & Other	202,991	285,404	56,756	15,902	15,944
Total Common Equity	287,716	345,420	106,312	57,015	53,107
Minority Interest	495.57	359.74	155.67	47.05	5.84
Shareholders' Equity	288,211	345,780	106,468	57,062	53,113
Total Liabilities & Equity	1,080,664	1,023,035	686,942	506,271	477,239
Total Debt	48,771	42,165	30,426	18,751	39,904
Net Cash (Debt)	143,377	120,217	130,544	34,681	21,093
Net Cash Growth	19.27%	-7.91%	276.41%	64.42%	25830.56%
Net Cash Per Share	89.61	75.14	81.59	21.68	13.18
Filing Date Shares Outstanding	1,600	1,600	1,600	1,600	1,600
Total Common Shares Outstanding	1,600	1,600	1,600	1,600	1,600
Working Capital	458,248	426,493	290,313	178,304	184,576
Book Value Per Share	179.82	215.89	66.45	35.63	33.19
Tangible Book Value	256,084	307,932	82,118	44,177	40,071
Tangible Book Value Per Share	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.