Livingtrust Mortgage Bank 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	12,650	5,729	3,572	1,005	2,793
Investment Securities	98.82	2,593	98.82	96.92	96.8
Total Investments	98.82	2,593	98.82	96.92	96.8
Gross Loans	16,935	13,777	12,754	10,648	7,825
Allowance for Loan Losses	-166.37	-141.57	-268.72	-137	-127.59
Net Loans	16,768	13,636	12,485	10,511	7,698
Property, Plant & Equipment	745.98	316.02	374.59	378.37	286.56
Other Intangible Assets	80.65	102.73	52.08	49.53	22.24
Accrued Interest Receivable	1,051	381.41	305.72	168.14	109.81
Other Receivables	-160.19	53.07	27.3	37.7	25.13
Restricted Cash	181.72	181.72	107.34	107.34	89.54
Other Current Assets	1,352	895.37	402.63	353.5	227.71
Long-Term Deferred Tax Assets	39.47	60.18	39.47	-	-
Other Long-Term Assets	-67.9	97.27	331.59	205.98	-6.22
Total Assets	32,740	24,046	17,796	12,914	11,342
Accounts Payable	1.46	424.48	499.55	369.8	236.41
Accrued Expenses	-	99.41	52.56	49.14	56.86
Interest Bearing Deposits	13,783	10,866	5,607	2,949	1,745
Non-Interest Bearing Deposits	8,369	4,329	3,537	2,543	3,551
Total Deposits	22,153	15,195	9,144	5,492	5,296
Current Income Taxes Payable	98.94	181.98	118.96	170.15	197.64
Accrued Interest Payable	583.98	-	-	-	-
Other Current Liabilities	-	22.65	14.16	14.16	6.77
Long-Term Debt	2,336	2,945	3,086	2,841	2,222
Long-Term Unearned Revenue	-	-	0.25	0.25	0.25
Pension & Post-Retirement Benefits	-	3.14	1.32	0.98	0.27
Long-Term Deferred Tax Liabilities	-	-	-	69.69	61.79
Other Long-Term Liabilities	2,515	122.35	625.34	160.52	39.24
Total Liabilities	27,688	18,994	13,542	9,168	8,118
Common Stock	2,500	2,500	2,500	2,500	2,500
Retained Earnings	2,559	2,559	1,770	1,263	741.39
Comprehensive Income & Other	-6.64	-6.64	-15.21	-17.11	-17.23
Shareholders' Equity	5,052	5,052	4,255	3,746	3,224
Total Liabilities & Equity	32,740	24,046	17,796	12,914	11,342
Total Debt	2,336	2,945	3,086	2,841	2,222
Net Cash (Debt)	10,313	2,784	485.68	-1,836	570.54
Net Cash Growth	270.41%	473.27%	-	-	-26.43%
Net Cash Per Share	2.06	0.56	0.10	-0.37	0.11
Filing Date Shares Outstanding	5,000	5,000	5,000	5,000	5,000
Total Common Shares Outstanding	5,000	5,000	5,000	5,000	5,000
Book Value Per Share	1.01	1.01	0.85	0.75	0.64
Tangible Book Value	4,972	4,949	4,202	3,696	3,202
Tangible Book Value Per Share	0.99	0.99	0.84	0.74	0.64

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