PZ Cussons Nigeria Balance Sheet

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

Millions NGN. Fiscal year is Jun - May.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Cash & Equivalents	41,322	40,660	28,869	101,623	52,845
Cash & Short-Term Investments	41,322	40,660	28,869	101,623	52,845
Cash Growth	1.63%	40.84%	-71.59%	92.30%	156.72%
Accounts Receivable	13,056	7,306	9,751	5,068	5,290
Other Receivables	10,885	3,808	6,091	5,004	2,294
Receivables	23,941	11,114	15,842	10,073	7,584
Inventory	61,271	53,498	40,845	29,049	26,892
Prepaid Expenses	862.69	840.27	943.93	-	-
Other Current Assets	2,605	13,306	20,945	7,346	2,472
Total Current Assets	130,002	119,418	107,445	148,090	89,793
Property, Plant & Equipment	20,366	18,075	15,084	15,704	16,583
Other Intangible Assets	105.96	211.92	317.89	423.85	529.81
Long-Term Accounts Receivable	2,496	2,541	2,493	-	-
Long-Term Deferred Tax Assets	7,307	27,777	29,782	524.56	281.73
Other Long-Term Assets	851.1	879.71	1,937	1,623	2,285
Total Assets	161,127	168,902	157,060	166,366	109,473
Accounts Payable	55,054	88,468	77,891	68,672	48,372
Accrued Expenses	15,898	14,644	10,065	7,536	8,341
Short-Term Debt	5,900	71,268	89,065	5,277	-
Current Portion of Leases	-	11.52	50.52	95.63	56.75
Current Income Taxes Payable	5,403	5,893	2,449	8,928	3,697
Current Unearned Revenue	2,078	2,931	1,417	366.43	1,217
Other Current Liabilities	5,653	2,149	2,724	3,807	4,394
Total Current Liabilities	89,986	185,364	183,661	94,683	66,079
Long-Term Debt	-	-	-	18,735	-
Long-Term Leases	-	-	57.12	108.13	36.13
Long-Term Unearned Revenue	7.59	384.32	603.44	84.23	9.15
Long-Term Deferred Tax Liabilities	-	-	-	4,086	5,360
Other Long-Term Liabilities	562.18	495.55	245.42	309.08	248.82
Total Liabilities	90,556	186,244	184,567	118,006	71,733
Common Stock	1,985	1,985	1,985	1,985	1,985
Additional Paid-In Capital	6,878	6,878	6,878	6,878	6,878
Retained Earnings	8,049	-38,773	-48,079	34,466	25,302
Comprehensive Income & Other	53,107	14,294	14,294	-	-
Total Common Equity	70,019	-15,616	-24,922	43,330	34,165
Minority Interest	551.85	-1,726	-2,585	5,030	3,575
Shareholders' Equity	70,571	-17,341	-27,507	48,360	37,740
Total Liabilities & Equity	161,127	168,902	157,060	166,366	109,473
Total Debt	5,900	71,279	89,172	24,216	92.88
Net Cash (Debt)	35,422	-30,619	-60,303	77,407	52,752
Net Cash Growth	-	-	-	46.74%	158.80%
Net Cash Per Share	8.92	-7.71	-15.19	19.50	13.29
Filing Date Shares Outstanding	3,970	3,970	3,970	3,970	3,970
Total Common Shares Outstanding	3,970	3,970	3,970	3,970	3,970
Working Capital	40,016	-65,946	-76,215	53,408	23,715
Book Value Per Share	17.63	-3.93	-6.28	10.91	8.60
Tangible Book Value	69,913	-15,828	-25,240	42,906	33,635
Tangible Book Value Per Share	17.61	-3.99	-6.36	10.81	8.47
Land	12,634	12,008	11,662	15,606	15,342
Machinery	38,373	33,610	30,671	32,291	31,326
Construction In Progress	1,442	1,925	389.07	508	828.95