R.T Briscoe (Nigeria) 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	1,243	714.63	450	382.13	235.88
Cash & Short-Term Investments	1,243	714.63	450	382.13	235.88
Cash Growth	73.89%	58.81%	17.76%	62.00%	7.28%
Accounts Receivable	1,173	1,567	1,368	620.82	21.89
Other Receivables	2,517	2,221	435.65	1,923	2,828
Receivables	3,720	3,794	1,811	2,556	2,861
Inventory	3,498	2,122	2,605	968.35	676.01
Prepaid Expenses	60.84	85.04	62.63	44.48	113.96
Total Current Assets	8,521	6,716	4,929	3,951	3,887
Property, Plant & Equipment	4,778	4,486	4,639	4,792	4,697
Long-Term Investments	50	50	-	-	-
Other Intangible Assets	1.08	1.88	2.71	0.24	0.46
Other Long-Term Assets	1,601	1,407	1,036	501.38	610.09
Total Assets	14,951	12,661	10,607	9,244	9,195
Accounts Payable	-631.49	3,446	2,833	1,511	1,502
Accrued Expenses	1,861	1,134	858.11	765.16	805.72
Short-Term Debt	18,953	13,689	13,452	12,240	12,307
Current Income Taxes Payable	272.64	254.51	118.32	144.63	73.2
Current Unearned Revenue	-	2,379	2,370	2,378	2,395
Other Current Liabilities	10.65	161.92	161.54	152.39	182.62
Total Current Liabilities	20,467	21,064	19,793	17,192	17,265
Pension & Post-Retirement Benefits	36.1	36.1	21.94	8.85	-
Long-Term Deferred Tax Liabilities	39.38	39.38	39.38	39.38	36.62
Other Long-Term Liabilities	-	-	-	0	-
Total Liabilities	20,542	21,140	19,855	17,240	17,302
Common Stock	588.18	588.18	588.18	588.18	588.18
Additional Paid-In Capital	409.86	409.86	409.86	409.86	409.86
Retained Earnings	-9,763	-12,651	-13,420	-12,168	-12,279
Comprehensive Income & Other	3,174	3,174	3,174	3,174	3,174
Total Common Equity	-5,591	-8,478	-9,248	-7,996	-8,107
Shareholders' Equity	-5,591	-8,478	-9,248	-7,996	-8,107
Total Liabilities & Equity	14,951	12,661	10,607	9,244	9,195
Total Debt	18,953	13,689	13,452	12,240	12,307
Net Cash (Debt)	-17,711	-12,975	-13,002	-11,858	-12,071
Net Cash Per Share	-15.06	-11.03	-11.05	-10.08	-10.26
Filing Date Shares Outstanding	1,176	1,176	1,176	1,176	1,176
Total Common Shares Outstanding	1,176	1,176	1,176	1,176	1,176
Working Capital	-11,946	-14,348	-14,864	-13,241	-13,378
Book Value Per Share	-4.75	-7.21	-7.86	-6.80	-6.89
Tangible Book Value	-5,592	-8,480	-9,251	-7,996	-8,107
Tangible Book Value Per Share	-4.75	-7.21	-7.86	-6.80	-6.89
Land	-	3,524	3,700	3,856	3,797
Buildings	-	1,531	1,521	1,512	1,512
Machinery	-	1,364	1,256	1,203	1,307
Construction In Progress	-	118.56	142.8	142.89	118.56

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