Royal Exchange Plc (NGX:ROYALEX)

Royal Exchange Balance Sheet

Financials in millions NGN. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	-	143.54	-	-	195.09
Investments in Equity & Preferred Securities	8,185	6,617	5,729	5,081	4,689
Total Investments	8,276	6,817	5,779	5,111	5,329
Cash & Equivalents	1,173	1,158	470.71	608.57	620.56
Other Receivables	1,110	796.33	1,026	1,244	1,164
Deferred Policy Acquisition Cost	-	-	-	-	0.39
Property, Plant & Equipment	37.91	20.46	14.53	18.38	37.13
Other Intangible Assets	-	-	-	-	9.8
Other Current Assets	331.7	209.57	295.03	167.14	6,835
Long-Term Deferred Tax Assets	-	-	-	-	201.59
Other Long-Term Assets	203.83	203.83	485.7	478.91	65.09
Total Assets	11,132	9,205	8,070	7,628	14,263
Accrued Expenses	212.44	209.62	182.29	94.62	434.47
Unpaid Claims	-	-	-	-	127.56
Unearned Premiums	-	-	-	-	5.82
Short-Term Debt	-	-	-	-	2,052
Current Income Taxes Payable	14.98	30.83	240.39	234.7	240.08
Long-Term Debt	1,763	1,122	1,835	544.78	361
Long-Term Leases	-	0.17	0.17	0.17	-
Long-Term Deferred Tax Liabilities	-	-	-	-	29.73
Other Current Liabilities	52.95	350.62	479.2	1,645	8,082
Other Long-Term Liabilities	1,464	1,236	1,537	3,013	920.63
Total Liabilities	3,507	2,949	4,279	5,523	12,254
Common Stock	4,133	4,133	2,573	2,573	2,573
Additional Paid-In Capital	2,691	2,691	2,691	2,691	2,691
Retained Earnings	845.95	-522.82	-1,427	-3,107	-3,369
Comprehensive Income & Other	-45.52	-45.52	-45.52	-51.63	-2.41
Total Common Equity	7,625	6,256	3,792	2,105	1,892
Minority Interest	-	-	-	-	117.25
Shareholders' Equity	7,625	6,256	3,792	2,105	2,009
Total Liabilities & Equity	11,132	9,205	8,070	7,628	14,263
Filing Date Shares Outstanding	8,267	8,267	5,145	5,145	5,145
Total Common Shares Outstanding	8,267	8,267	5,145	5,145	5,145
Total Debt	1,763	1,122	1,835	544.95	2,413
Net Cash (Debt)	-590.73	35.73	-1,364	63.63	-1,792
Net Cash Per Share	-0.14	0.00	-0.27	0.01	-0.35
Book Value Per Share	0.92	0.76	0.74	0.41	0.37
Tangible Book Value	7,625	6,256	3,792	2,105	1,882
Tangible Book Value Per Share	0.92	0.76	0.74	0.41	0.37
Machinery	162.16	183.2	183.87	-	390.26

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.