PZ Cussons Nigeria Balance Sheet

Financials in millions NGN. Fiscal year is June - May.

Millions NGN. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Cash & Equivalents	57,950	40,660	28,869	101,623	52,845	20,584
Cash & Short-Term Investments	57,950	40,660	28,869	101,623	52,845	20,584
Cash Growth	18.30%	40.84%	-71.59%	92.30%	156.72%	90.72%
Accounts Receivable	14,272	7,306	9,751	5,068	5,290	6,192
Other Receivables	7,254	3,808	6,091	5,004	2,294	2,946
Receivables	21,527	11,114	15,842	10,073	7,584	14,139
Inventory	56,733	53,498	40,845	29,049	26,892	23,228
Prepaid Expenses	715.12	840.27	943.93	-	-	-
Other Current Assets	2,857	13,306	20,945	7,346	2,472	2,663
Total Current Assets	139,783	119,418	107,445	148,090	89,793	60,614
Property, Plant & Equipment	18,333	18,075	15,084	15,704	16,583	24,871
Other Intangible Assets	132.45	211.92	317.89	423.85	529.81	635.77
Long-Term Accounts Receivable	2,709	2,541	2,493	-	-	-
Long-Term Deferred Tax Assets	13,843	27,777	29,782	524.56	281.73	991.4
Other Long-Term Assets	859.67	879.71	1,937	1,623	2,285	232.34
Total Assets	175,660	168,902	157,060	166,366	109,473	87,345
Accounts Payable	81,006	88,468	77,891	68,672	48,372	34,340
Accrued Expenses	17,590	14,644	10,065	7,536	8,341	5,603
Short-Term Debt	33,845	71,268	89,065	5,277	-	-
Current Portion of Leases	-	11.52	50.52	95.63	56.75	131.71
Current Income Taxes Payable	12,806	5,893	2,449	8,928	3,697	1,894
Current Unearned Revenue	2,696	2,931	1,417	366.43	1,217	586.75
Other Current Liabilities	5,315	2,149	2,724	3,807	4,394	6,857
Total Current Liabilities	153,257	185,364	183,661	94,683	66,079	49,412
Long-Term Debt	-	-	-	18,735	-	-
Long-Term Leases	-	-	57.12	108.13	36.13	69.51
Long-Term Unearned Revenue	96.44	384.32	603.44	84.23	9.15	5.03
Long-Term Deferred Tax Liabilities	-	-	-	4,086	5,360	5,808
Other Long-Term Liabilities	533.36	495.55	245.42	309.08	248.82	281.82
Total Liabilities	153,887	186,244	184,567	118,006	71,733	55,576
Common Stock	1,985	1,985	1,985	1,985	1,985	1,985
Additional Paid-In Capital	6,878	6,878	6,878	6,878	6,878	6,878
Retained Earnings	-1,448	-38,773	-48,079	34,466	25,302	20,060
Comprehensive Income & Other	14,294	14,294	14,294	-	-	-
Total Common Equity	21,709	-15,616	-24,922	43,330	34,165	28,923
Minority Interest	63.33	-1,726	-2,585	5,030	3,575	2,846
Shareholders' Equity	21,773	-17,341	-27,507	48,360	37,740	31,769
Total Liabilities & Equity	175,660	168,902	157,060	166,366	109,473	87,345
Total Debt	33,845	71,279	89,172	24,216	92.88	201.21
Net Cash (Debt)	24,105	-30,619	-60,303	77,407	52,752	20,383
Net Cash Growth	-	-	-	46.74%	158.80%	93.80%
Net Cash Per Share	6.07	-7.71	-15.19	19.50	13.29	5.13
Filing Date Shares Outstanding	3,970	3,970	3,970	3,970	3,970	3,970
Total Common Shares Outstanding	3,970	3,970	3,970	3,970	3,970	3,970
Working Capital	-13,475	-65,946	-76,215	53,408	23,715	11,202
Book Value Per Share	5.47	-3.93	-6.28	10.91	8.60	7.28
Tangible Book Value	21,577	-15,828	-25,240	42,906	33,635	28,288
Tangible Book Value Per Share	5.43	-3.99	-6.36	10.81	8.47	7.12
Land	12,088	12,008	11,662	15,606	15,342	19,671
Machinery	36,348	33,610	30,671	32,291	31,326	31,284
Construction In Progress	1,133	1,925	389.07	508	828.95	1,248

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