Nascon Allied Industries Balance Sheet

Financials in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	42,474	24,700	25,613	13,006	7,044	2,600
Short-Term Investments	764.57	635.9	725.31	695.83	658.16	667.51
Cash & Short-Term Investments	43,239	25,336	26,338	13,702	7,702	3,268
Cash Growth	52.61%	-3.81%	92.22%	77.90%	135.69%	-23.13%
Accounts Receivable	38,531	11,265	6,912	11,103	9,137	12,886
Other Receivables	320.86	4,818	1,778	304.57	302.66	452.12
Receivables	39,303	16,345	8,723	11,453	9,485	13,362
Inventory	14,307	18,261	11,173	8,266	4,292	5,159
Prepaid Expenses	-	-	105.5	11.3	9.68	10.77
Other Current Assets	131.88	2,479	3,125	5,734	1,131	2,110
Total Current Assets	96,981	62,421	49,464	39,167	22,620	23,911
Property, Plant & Equipment	15,497	16,081	16,222	16,364	17,901	20,398
Total Assets	112,478	78,502	65,686	55,531	40,521	44,309
Accounts Payable	11,435	1,986	5,337	13,823	5,490	14,695
Accrued Expenses	12,909	8,666	4,573	2,208	1,396	550.81
Current Portion of Long-Term Debt	28.66	2,822	5,494	4,793	-	-
Current Portion of Leases	306.74	385.46	297.21	301.03	500.85	136.59
Current Income Taxes Payable	12,028	4,876	6,596	3,119	1,353	787.18
Current Unearned Revenue	2,776	5,510	6,341	2,099	4,274	1,500
Other Current Liabilities	1,942	2,093	3,116	4,146	7,203	7,852
Total Current Liabilities	41,426	26,337	31,754	30,490	20,218	25,522
Long-Term Debt	38.57	38.57	38.57	38.57	38.57	38.57
Long-Term Leases	3,492	3,518	3,894	3,701	3,139	3,432
Pension & Post-Retirement Benefits	112.65	122.26	122.81	133.17	138.21	152.42
Long-Term Deferred Tax Liabilities	5,431	5,431	2,405	2,126	2,356	2,444
Total Liabilities	50,500	35,447	38,214	36,488	25,891	31,589
Common Stock	1,351	1,351	1,325	1,325	1,325	1,325
Additional Paid-In Capital	434.04	434.04	434.04	434.04	434.04	434.04
Retained Earnings	60,193	41,270	25,713	17,284	12,872	10,961
Shareholders' Equity	61,978	43,055	27,472	19,042	14,631	12,720
Total Liabilities & Equity	112,478	78,502	65,686	55,531	40,521	44,309
Total Debt	3,866	6,763	9,724	8,834	3,679	3,607
Net Cash (Debt)	39,373	18,573	16,615	4,868	4,023	-339.35
Net Cash Growth	87.57%	11.79%	241.28%	21.00%	-	-
Net Cash Per Share	14.57	6.87	6.15	1.80	1.49	-0.13
Filing Date Shares Outstanding	2,702	2,702	2,702	2,702	2,702	2,702
Total Common Shares Outstanding	2,702	2,702	2,702	2,702	2,702	2,702
Working Capital	55,556	36,084	17,710	8,678	2,402	-1,611
Book Value Per Share	22.93	15.93	10.17	7.05	5.41	4.71
Tangible Book Value	61,978	43,055	27,472	19,042	14,631	12,720
Tangible Book Value Per Share	22.93	15.93	10.17	7.05	5.41	4.71
Land	70	70	70	70	70	70
Buildings	3,993	4,248	4,164	3,816	3,689	1,462
Machinery	18,457	20,630	18,579	18,483	20,296	18,875
Construction In Progress	1,120	76.94	124.07	113.91	600.58	7,178

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.