Presco 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	279,686	31,403	9,793	10,105	22,365
Cash & Short-Term Investments	279,686	31,403	9,793	10,105	22,365
Cash Growth	790.65%	220.66%	-3.08%	-54.82%	765.14%
Accounts Receivable	8,352	21,343	11,048	5,446	7,452
Other Receivables	52,943	15,285	4,896	1,287	2,146
Receivables	61,295	36,628	15,944	6,733	9,597
Inventory	144,716	101,253	42,462	18,469	19,432
Other Current Assets	-	1,470	330.39	401.58	484.01
Total Current Assets	485,697	170,753	68,530	35,708	51,878
Property, Plant & Equipment	320,922	277,536	110,752	96,543	88,578
Goodwill	26,714	26,714	7,697	-	-
Other Intangible Assets	62	93.45	87.9	118.91	149.76
Total Assets	833,395	475,096	187,067	132,369	140,606
Accounts Payable	500	124,883	8,512	7,658	28,782
Accrued Expenses	-	5,508	4,535	3,143	2,641
Short-Term Debt	-	2,918	7,305	2,253	28,843
Current Portion of Long-Term Debt	18,043	8,902	2,743	3,572	5,498
Current Portion of Leases	75	165.59	78.34	61.21	53.46
Current Income Taxes Payable	33,745	25,864	10,441	10,525	5,398
Current Unearned Revenue	1,282	1,270	776.33	369.94	826.68
Other Current Liabilities	157,694	5,336	1,559	1,208	1,417
Total Current Liabilities	211,339	174,847	35,950	28,791	73,460
Long-Term Debt	146,059	46,544	57,661	57,853	22,373
Long-Term Leases	4,695	3,698	2,584	2,488	2,512
Long-Term Unearned Revenue	31,455	347.21	447.37	412.25	455.92
Pension & Post-Retirement Benefits	5,001	3,857	2,543	1,351	1,078
Long-Term Deferred Tax Liabilities	8,185	34,618	13,970	7,313	10,946
Other Long-Term Liabilities	1	-	-	-	-
Total Liabilities	406,735	263,912	113,155	98,209	110,825
Common Stock	583	500	500	500	500
Additional Paid-In Capital	235,895	1,174	1,174	1,174	1,174
Retained Earnings	192,845	126,729	73,250	32,431	45,843
Comprehensive Income & Other	-2,663	5,036	-1,012	56.31	-17,735
Total Common Equity	426,660	133,439	73,912	34,161	29,781
Minority Interest	-	77,746	-	-	-
Shareholders' Equity	426,660	211,185	73,912	34,161	29,781
Total Liabilities & Equity	833,395	475,096	187,067	132,369	140,606
Total Debt	168,872	62,229	70,371	66,228	59,280
Net Cash (Debt)	110,814	-30,826	-60,578	-56,124	-36,915
Net Cash Per Share	107.80	-30.83	-60.58	-56.12	-36.92
Filing Date Shares Outstanding	1,167	1,000	1,000	1,000	1,000
Total Common Shares Outstanding	1,167	1,000	1,000	1,000	1,000
Working Capital	274,358	-4,095	32,580	6,917	-21,582
Book Value Per Share	365.71	133.44	73.91	34.16	29.78
Tangible Book Value	399,884	106,632	66,127	34,042	29,632
Tangible Book Value Per Share	342.76	106.63	66.13	34.04	29.63
Land	-	6,617	6,623	6,623	5,723
Buildings	-	79,571	10,351	5,828	4,960
Machinery	-	88,453	43,004	44,148	38,917
Construction In Progress	-	47,672	24,093	22,583	18,129

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