NPF Microfinance 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	19,755	33,838	17,488	6,499	6,610
Investment Securities	3,450	3,885	1,869	1,229	1,005
Total Investments	3,450	3,885	1,869	1,229	1,005
Gross Loans	40,559	26,920	22,999	24,184	18,048
Allowance for Loan Losses	-1,167	-1,392	-1,446	-685.58	-599.81
Net Loans	39,391	25,528	21,552	23,498	17,448
Property, Plant & Equipment	1,999	1,770	1,531	1,357	1,008
Other Intangible Assets	228.81	1	2.05	18.62	44.67
Other Receivables	483.21	679.57	70.61	93.77	4,681
Other Current Assets	2,716	2,926	2,377	1,800	1,113
Other Long-Term Assets	68.66	-	-	-	-
Total Assets	68,091	68,628	44,891	34,496	31,967
Accounts Payable	8.08	5.85	46.18	6.39	4.68
Accrued Expenses	629.43	1,261	789.85	447.87	329.83
Interest Bearing Deposits	42,946	42,059	26,940	18,765	16,279
Total Deposits	42,946	42,059	26,940	18,765	16,279
Current Portion of Long-Term Debt	-	572	667	637	934
Current Portion of Leases	-	38.21	38.21	21.59	38.91
Current Income Taxes Payable	1,665	858.34	676.47	401.05	332.35
Other Current Liabilities	93.64	78.53	66.68	36.06	28.21
Long-Term Debt	3,099	0.48	1,398	1,776	1,774
Long-Term Leases	225.36	84.05	101.82	134.9	13.03
Long-Term Unearned Revenue	0.78	0.78	0.78	0.78	0.78
Long-Term Deferred Tax Liabilities	66.64	66.64	52.46	124.73	71.37
Other Long-Term Liabilities	4,365	11,757	3,123	1,566	6,430
Total Liabilities	53,100	56,782	33,900	23,918	26,236
Common Stock	2,996	2,996	2,996	2,996	1,143
Additional Paid-In Capital	4,167	4,167	4,167	4,167	1,517
Retained Earnings	7,842	4,695	3,840	3,420	3,077
Comprehensive Income & Other	-13.15	-13.15	-13.15	-5.35	-7
Shareholders' Equity	14,992	11,845	10,990	10,578	5,731
Total Liabilities & Equity	68,091	68,628	44,891	34,496	31,967
Total Debt	3,324	694.75	2,205	2,570	2,760
Net Cash (Debt)	16,431	33,143	15,283	3,930	3,850
Net Cash Growth	-50.42%	116.87%	288.90%	2.07%	46.39%
Net Cash Per Share	2.73	5.53	2.55	0.66	1.52
Filing Date Shares Outstanding	5,993	5,993	5,993	5,993	2,541
Total Common Shares Outstanding	5,993	5,993	5,993	5,993	2,541
Book Value Per Share	2.50	1.98	1.83	1.77	2.26
Tangible Book Value	14,763	11,844	10,988	10,559	5,686
Tangible Book Value Per Share	2.46	1.98	1.83	1.76	2.24

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