NGX:NNFM Balance Sheet

Financials in millions NGN. Fiscal year is April - March.

Millions NGN. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	1,692	880.17	2,991	1,762	962.52	521.59
Cash & Short-Term Investments	1,692	880.17	2,991	1,762	962.52	521.59
Cash Growth	63.04%	-70.58%	69.75%	83.08%	84.54%	-77.44%
Accounts Receivable	476.63	965.3	1,004	622.48	114.5	0.27
Other Receivables	1,936	26.42	29.14	36.2	107.41	9.11
Receivables	2,413	991.72	1,033	658.68	221.91	9.38
Inventory	20,752	20,457	6,255	7,645	8,238	3,206
Prepaid Expenses	42.74	940.67	106.38	133.79	34.14	41.4
Other Current Assets	7.02	94.73	75.03	59.63	0.48	8.11
Total Current Assets	24,907	23,364	10,461	10,259	9,457	3,787
Property, Plant & Equipment	6,967	7,183	7,460	7,567	3,848	3,572
Other Long-Term Assets	94.1	2.33	3.11	1.52	10.26	6.16
Total Assets	31,968	30,549	17,924	17,828	13,315	7,365
Accounts Payable	-131.33	16,772	4,368	8,535	9,053	1,547
Accrued Expenses	-1.04	1,349	480.43	369.22	348.03	220.92
Current Portion of Long-Term Debt	-	-	45.74	164.79	156.13	1,627
Current Income Taxes Payable	-	1,257	686.68	95.34	97.81	31.76
Current Unearned Revenue	769.23	417.34	1,240	93.6	104.66	377.69
Other Current Liabilities	20,775	47.15	1,946	937.79	31.51	29.4
Total Current Liabilities	21,412	19,843	8,767	10,196	9,791	3,834
Long-Term Debt	-	-	-	49.22	237.57	384.99
Long-Term Unearned Revenue	-	-	-	0.62	9.33	33.17
Pension & Post-Retirement Benefits	244.93	258.67	198.31	199.92	190.06	180.69
Long-Term Deferred Tax Liabilities	754.15	754.15	881.75	762.67	201.57	104.83
Other Long-Term Liabilities	73.23	-	-	39.86	30.75	40.05
Total Liabilities	22,484	20,856	9,847	11,248	10,461	4,577
Common Stock	89.1	89.1	89.1	89.1	89.1	89.1
Additional Paid-In Capital	89.52	89.52	89.52	89.52	89.52	89.52
Retained Earnings	4,260	4,469	2,853	1,355	1,110	1,043
Comprehensive Income & Other	5,046	5,046	5,046	5,046	1,566	1,566
Shareholders' Equity	9,484	9,693	8,078	6,580	2,854	2,788
Total Liabilities & Equity	31,968	30,549	17,924	17,828	13,315	7,365
Total Debt	-	-	45.74	214.01	393.7	2,012
Net Cash (Debt)	1,692	880.17	2,946	1,548	568.82	-1,490
Net Cash Growth	63.04%	-70.12%	90.27%	172.17%	-	-
Net Cash Per Share	9.49	4.94	16.53	8.69	3.19	-8.36
Filing Date Shares Outstanding	178.2	178.2	178.2	179.42	178.2	178.2
Total Common Shares Outstanding	178.2	178.2	178.2	179.42	178.2	178.2
Working Capital	3,496	3,521	1,694	63.37	-334.42	-46.97
Book Value Per Share	53.22	54.40	45.33	36.67	16.02	15.64
Tangible Book Value	9,484	9,693	8,078	6,580	2,854	2,788
Tangible Book Value Per Share	53.22	54.40	45.33	36.67	16.02	15.64
Land	5,628	5,628	5,628	5,628	1,761	1,761
Buildings	451.65	451.65	351.69	319.23	136.23	116.17
Machinery	3,944	4,001	3,990	3,849	3,792	3,553
Construction In Progress	-	-	117.13	94.45	282.6	94.36

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.