Seplat Energy Plc (NGX:SEPLAT)

Seplat Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	579.79	469.86	450.11	404.34	324.49	225.14
Cash & Short-Term Investments	579.79	469.86	450.11	404.34	324.49	225.14
Cash Growth	33.64%	4.39%	11.32%	24.61%	44.13%	-32.40%
Accounts Receivable	642.79	363.99	111.17	66.68	117.15	81.14
Other Receivables	-	399.46	173.88	183.14	128.53	152.64
Receivables	642.79	763.44	285.05	249.82	245.69	233.79
Inventory	462.11	472.58	52.43	55.41	74.96	74.57
Prepaid Expenses	13.46	34.26	10.54	1.24	1.73	3.64
Restricted Cash	135.42	132.21	27.03	23.94	16.03	33.58
Other Current Assets	26.6	17.73	133.17	148.1	13.95	27.05
Total Current Assets	1,860	1,890	958.32	882.84	676.84	597.77
Property, Plant & Equipment	3,492	3,661	1,660	1,690	1,639	1,628
Long-Term Investments	260.22	334.83	325.13	323.61	337.82	340.19
Other Intangible Assets	229.5	249.63	118.51	124.42	131.2	58.69
Long-Term Deferred Tax Assets	223.01	230.54	290.78	253.79	312.04	762.83
Other Long-Term Assets	113.43	31.28	42.23	57.49	66.79	61.74
Total Assets	6,179	6,397	3,395	3,332	3,163	3,450
Accounts Payable	1,136	366.64	121.24	108.65	120.43	135.13
Accrued Expenses	-	226.4	267.91	251.63	211.23	189.73
Current Portion of Long-Term Debt	70.01	449.59	89.24	74.32	60.66	93.47
Current Portion of Leases	21.45	15.9	1.34	4.03	3.09	1.79
Current Income Taxes Payable	297.99	127.87	78.56	56.51	46.35	21.74
Current Unearned Revenue	-	-	-	-	-	9.47
Other Current Liabilities	13.02	511.52	146.3	102.8	39.15	20.12
Total Current Liabilities	1,539	1,698	704.59	597.94	480.91	471.45
Long-Term Debt	895.69	918.04	666.49	695.88	705.95	604.95
Long-Term Leases	51.46	57.66	-	-	0.48	4.19
Pension & Post-Retirement Benefits	-	50.09	2.01	6.44	10.15	10.69
Long-Term Deferred Tax Liabilities	1,045	1,052	98.27	78.35	103.74	531.63
Other Long-Term Liabilities	806.15	778.22	130.63	193.84	154.66	162.62
Total Liabilities	4,337	4,554	1,602	1,572	1,456	1,786
Common Stock	1.87	1.86	1.86	1.86	1.86	1.86
Additional Paid-In Capital	599.44	558.56	560.43	562.23	560.14	551.72
Retained Earnings	1,230	1,233	1,173	1,190	1,185	1,116
Treasury Stock	-39.8	-5.61	-4.29	-4.92	-4.92	-
Comprehensive Income & Other	31.04	38.98	37.33	27.52	24.12	28.58
Total Common Equity	1,822	1,827	1,769	1,776	1,766	1,698
Minority Interest	18.72	15.68	24.24	-16.51	-58.8	-34.2
Shareholders' Equity	1,841	1,843	1,793	1,760	1,707	1,664
Total Liabilities & Equity	6,179	6,397	3,395	3,332	3,163	3,450
Total Debt	1,039	1,441	757.07	774.23	770.19	704.39
Net Cash (Debt)	-458.81	-971.33	-306.96	-369.89	-445.7	-479.25
Net Cash Per Share	-0.79	-1.65	-0.52	-0.63	-0.76	-0.81
Filing Date Shares Outstanding	570.68	588.45	588.45	601.68	584.04	581.84
Total Common Shares Outstanding	570.68	588.45	588.45	601.68	584.04	581.84
Working Capital	321.48	192.15	253.72	284.9	195.93	126.32
Book Value Per Share	3.19	3.10	3.01	2.95	3.02	2.92
Tangible Book Value	1,593	1,577	1,650	1,652	1,635	1,640
Tangible Book Value Per Share	2.79	2.68	2.80	2.75	2.80	2.82
Land	-	0.07	0.07	0.07	0.07	0.07
Buildings	-	60.94	3.89	3.89	3.89	3.89
Machinery	-	219.7	75.73	71.98	68.94	40.11
Leasehold Improvements	-	8.21	6.63	6.2	5.72	5.64

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