NGX:SKYAVN 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	5,703	2,193	950.49	4,015	1,834
Short-Term Investments	-	832.4	1,515	368.59	-
Cash & Short-Term Investments	5,703	3,026	2,465	4,384	1,834
Cash Growth	88.49%	22.74%	-43.77%	138.97%	-17.20%
Accounts Receivable	6,453	5,511	3,669	2,136	1,359
Other Receivables	1,586	2,780	3,541	628.28	750.79
Receivables	8,782	8,813	7,413	2,867	2,176
Inventory	2,360	2,706	915.92	615.65	310.76
Prepaid Expenses	143.26	61.85	173.21	51.33	50.74
Other Current Assets	9,418	5,591	2,130	1,299	1,142
Total Current Assets	26,407	20,198	13,097	9,217	5,514
Property, Plant & Equipment	24,611	16,030	15,082	14,259	13,622
Goodwill	4,057	4,057	4,057	4,057	4,057
Other Intangible Assets	46.77	20.17	21.85	23.62	9.37
Long-Term Deferred Tax Assets	753.49	753.49	1,074	926.92	649.45
Other Long-Term Assets	709.85	720.81	733.63	734.53	755.86
Total Assets	56,585	41,780	34,066	29,219	24,608
Accounts Payable	42.37	1,405	1,207	1,251	841.37
Accrued Expenses	6,044	2,806	1,742	1,542	1,394
Current Portion of Long-Term Debt	1,404	699.4	124.4	204.99	79.17
Current Income Taxes Payable	2,086	866.48	582.79	210.39	564.5
Current Unearned Revenue	31.79	31.79	46.01	35.01	83.06
Other Current Liabilities	389.41	1,061	1,174	758.28	468.62
Total Current Liabilities	9,998	6,869	4,876	4,001	3,431
Long-Term Debt	2,446	2,043	3,372	3,430	136.7
Long-Term Unearned Revenue	184.48	7.95	13.48	8.75	29.21
Pension & Post-Retirement Benefits	4,086	3,594	3,024	2,240	1,669
Other Long-Term Liabilities	-	-	-0	0	-0
Total Liabilities	16,714	12,514	11,286	9,681	5,266
Common Stock	676.79	676.79	676.79	676.79	676.79
Additional Paid-In Capital	4,784	4,784	4,784	4,784	4,784
Retained Earnings	21,743	10,824	6,396	4,665	4,624
Comprehensive Income & Other	12,667	12,981	10,923	9,412	9,257
Shareholders' Equity	39,871	29,266	22,780	19,538	19,341
Total Liabilities & Equity	56,585	41,780	34,066	29,219	24,608
Total Debt	3,850	2,742	3,497	3,635	215.87
Net Cash (Debt)	1,853	283.34	-1,031	748.29	1,619
Net Cash Growth	554.03%	-	-	-53.77%	-16.07%
Net Cash Per Share	1.37	0.21	-0.76	0.55	1.20
Filing Date Shares Outstanding	1,354	1,354	1,354	1,354	1,354
Total Common Shares Outstanding	1,354	1,354	1,354	1,354	1,354
Working Capital	16,409	13,328	8,221	5,216	2,083
Book Value Per Share	29.46	21.62	16.83	14.43	14.29
Tangible Book Value	35,767	25,188	18,701	15,457	15,275
Tangible Book Value Per Share	26.42	18.61	13.82	11.42	11.28
Buildings	6,436	5,933	5,563	5,065	4,864
Machinery	34,192	23,671	20,772	18,321	15,893

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.