Nestlé 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	35,422	22,642	167,733	117,230	98,010
Short-Term Investments	-	-	2.37	702.5	2,508
Cash & Short-Term Investments	35,422	22,642	167,735	117,932	100,518
Cash Growth	56.45%	-86.50%	42.23%	17.32%	71.23%
Accounts Receivable	19,201	7,852	13,109	4,995	3,956
Other Receivables	2,083	2,093	1,489	5,662	1,708
Receivables	22,004	10,503	15,073	11,255	6,238
Inventory	179,871	174,784	87,793	88,341	58,964
Prepaid Expenses	53,796	149,460	88,785	1,929	1,094
Other Current Assets	520.72	913.65	1,861	71,055	37,111
Total Current Assets	291,614	358,303	361,246	290,512	203,924
Property, Plant & Equipment	499,957	426,569	170,821	121,716	103,813
Long-Term Accounts Receivable	865.27	453.17	430.5	425.43	205.25
Long-Term Deferred Tax Assets	50,711	70,419	46,487	-	-
Other Long-Term Assets	-	53.95	97.57	-	-
Total Assets	846,160	858,698	581,774	415,044	310,239
Accounts Payable	110,931	107,198	69,831	57,389	52,563
Accrued Expenses	21,669	14,547	12,486	14,528	26,132
Short-Term Debt	164.71	158.08	-	-	2.35
Current Portion of Long-Term Debt	23,781	108,486	37,192	8,294	431.94
Current Portion of Leases	86.89	32.72	179.32	53.72	184.82
Current Income Taxes Payable	47,308	32,340	35,111	26,209	28,282
Current Unearned Revenue	31,807	28,875	20,063	16,548	15,452
Other Current Liabilities	139,631	109,789	115,776	95,384	72,469
Total Current Liabilities	375,378	401,427	290,638	218,405	195,518
Long-Term Debt	452,261	545,215	365,128	147,007	76,433
Long-Term Leases	-	-	-	127.89	283.14
Pension & Post-Retirement Benefits	5,629	4,346	4,044	4,360	4,039
Long-Term Deferred Tax Liabilities	-	-	-	14,854	12,588
Other Long-Term Liabilities	-	-	-	-	0
Total Liabilities	833,269	950,988	659,810	384,753	288,860
Common Stock	396.33	396.33	396.33	396.33	396.33
Additional Paid-In Capital	32.26	32.26	32.26	32.26	32.26
Retained Earnings	-112,778	-243,228	-78,633	29,773	20,836
Comprehensive Income & Other	125,241	150,510	169.48	90.13	113.46
Shareholders' Equity	12,891	-92,290	-78,035	30,291	21,378
Total Liabilities & Equity	846,160	858,698	581,774	415,044	310,239
Total Debt	476,294	653,892	402,499	155,482	77,335
Net Cash (Debt)	-440,872	-631,251	-234,764	-37,549	23,183
Net Cash Growth	-	-	-	-	31.05%
Net Cash Per Share	-556.20	-796.37	-296.17	-47.37	29.25
Filing Date Shares Outstanding	792.66	792.66	792.66	792.66	792.66
Total Common Shares Outstanding	792.66	792.66	792.66	792.66	792.66
Working Capital	-83,764	-43,124	70,608	72,107	8,406
Book Value Per Share	16.26	-116.43	-98.45	38.21	26.97
Tangible Book Value	12,891	-92,290	-78,035	30,291	21,378
Tangible Book Value Per Share	16.26	-116.43	-98.45	38.21	26.97
Land	14,944	14,944	1,215	1,215	1,215
Buildings	73,502	53,140	41,510	36,931	35,132
Machinery	340,323	290,654	141,600	121,788	106,842
Construction In Progress	144,676	107,006	67,450	33,710	24,483

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