NGX:MTNN 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	Jun '26 Jun 30, 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	458,930	632,501	253,377	345,074	349,500	260,891
Short-Term Investments	392,733	133,174	50,825	7,051	19,749	51,444
Trading Asset Securities	22,517	29,081	1,584	205	539	6,220
Cash & Short-Term Investments	874,180	794,756	305,786	352,330	369,788	318,555
Cash Growth	130.71%	159.91%	-13.21%	-4.72%	16.08%	-24.51%
Accounts Receivable	79,300	126,729	188,688	87,683	72,234	46,625
Other Receivables	163,735	162,783	125,561	111,425	102,379	39,007
Receivables	243,035	289,512	314,249	199,108	174,613	85,632
Inventory	39,381	23,298	6,971	6,027	3,678	5,310
Prepaid Expenses	126,480	107,517	53,464	16,306	16,883	41,600
Restricted Cash	56,840	37,707	107,023	394,409	196,082	146,188
Other Current Assets	1,224	1,298	3,843	7,601	-	-
Total Current Assets	1,341,140	1,254,088	791,336	975,781	761,044	597,285
Property, Plant & Equipment	3,969,190	3,570,401	2,630,884	1,573,937	1,403,836	1,387,925
Long-Term Investments	21,002	17,812	9,068	6,632	10,585	10,845
Goodwill	10,016	10,016	10,016	10,016	10,016	10,016
Other Intangible Assets	403,075	411,394	398,767	437,583	325,583	235,542
Long-Term Deferred Tax Assets	141,711	93,629	321,349	151,362	11,018	3,404
Long-Term Deferred Charges	13,564	12,319	9,344	7,136	6,602	5,602
Other Long-Term Assets	73,289	33,830	26,227	26,380	10,685	12,340
Total Assets	5,972,987	5,403,489	4,196,991	3,188,827	2,539,369	2,262,959
Accounts Payable	366,844	378,976	408,028	248,475	105,488	96,668
Accrued Expenses	828,867	845,335	689,585	360,271	381,003	322,148
Current Portion of Long-Term Debt	80,225	108,097	336,325	689,352	250,210	152,835
Current Portion of Leases	328,368	269,182	285,680	190,777	68,838	62,531
Current Income Taxes Payable	640,371	355,175	25,012	157,971	199,959	144,163
Current Unearned Revenue	150,610	139,280	117,272	102,796	92,861	72,336
Other Current Liabilities	165,962	152,374	126,416	143,777	74,807	55,187
Total Current Liabilities	2,561,247	2,248,419	1,988,318	1,893,419	1,173,166	905,868
Long-Term Debt	262,366	419,572	636,590	487,817	439,463	340,425
Long-Term Leases	2,106,761	2,117,047	1,997,744	813,634	591,178	628,325
Pension & Post-Retirement Benefits	15,395	13,699	9,440	8,429	6,835	6,685
Long-Term Deferred Tax Liabilities	-	-	-	1,149	57,573	108,087
Other Long-Term Liabilities	96,613	56,040	22,906	25,223	8,612	8,588
Total Liabilities	5,042,382	4,854,777	4,654,998	3,229,671	2,276,827	1,997,978
Common Stock	420	420	420	420	407	407
Additional Paid-In Capital	166,362	166,362	166,362	166,362	17,216	17,216
Retained Earnings	793,071	400,402	-607,466	-208,018	246,679	246,473
Treasury Stock	-14,813	-4,041	-4,869	-4,869	-4,869	-
Comprehensive Income & Other	-14,435	-14,431	-12,454	701	1,664	885
Total Common Equity	930,605	548,712	-458,007	-45,404	261,097	264,981
Minority Interest	-	-	-	4,560	1,445	-
Shareholders' Equity	930,605	548,712	-458,007	-40,844	262,542	264,981
Total Liabilities & Equity	5,972,987	5,403,489	4,196,991	3,188,827	2,539,369	2,262,959
Total Debt	2,777,720	2,913,898	3,256,339	2,181,580	1,349,689	1,184,116
Net Cash (Debt)	-1,903,540	-2,119,142	-2,950,553	-1,829,250	-979,901	-865,561
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-90.77	-101.06	-140.70	-87.24	-46.74	-42.52
Filing Date Shares Outstanding	20,956	20,970	20,967	20,967	20,326	20,355
Total Common Shares Outstanding	20,956	20,970	20,967	20,967	20,326	20,355
Working Capital	-1,220,107	-994,331	-1,196,982	-917,638	-412,122	-308,583
Book Value Per Share	44.41	26.17	-21.84	-2.17	12.85	13.02
Tangible Book Value	517,514	127,302	-866,790	-493,003	-74,502	19,423
Tangible Book Value Per Share	24.69	6.07	-41.34	-23.51	-3.67	0.95
Land	27,862	27,862	27,862	27,665	26,692	5,690
Buildings	94,833	92,712	38,048	33,697	32,489	28,876
Machinery	163,051	2,605,644	1,879,579	98,208	80,905	76,913
Construction In Progress	208,019	153,640	199,603	193,923	138,678	143,968
Leasehold Improvements	31,834	31,453	27,899	25,753	24,432	23,624