Tantalizers 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	192.39	236.89	23.92	114.55	144.39
Short-Term Investments	465.03	614.13	39.95	39.95	50
Cash & Short-Term Investments	657.42	851.02	63.87	154.5	194.39
Cash Growth	-22.75%	1232.40%	-58.66%	-20.52%	170.83%
Accounts Receivable	55.78	60.11	58.24	83.51	205.59
Other Receivables	-	-	14.67	88.48	95.25
Receivables	58.82	66.72	73.75	173.44	305.45
Inventory	92.91	67.83	40.96	51.49	54.62
Prepaid Expenses	15.34	11.49	23.15	59.51	78.97
Other Current Assets	132.44	125.51	117.4	41.38	52.66
Total Current Assets	956.92	1,123	319.13	480.32	686.08
Property, Plant & Equipment	4,594	1,607	1,689	1,784	1,258
Long-Term Investments	7,760	-	-	-	-
Other Intangible Assets	-	135.58	147.39	159.19	171
Other Long-Term Assets	84.17	88.29	94.31	121.47	119.76
Total Assets	13,395	2,954	2,250	2,545	2,235
Accounts Payable	46.9	92.52	300.45	268.38	306.04
Accrued Expenses	95.37	447.41	37.32	36.82	33.32
Short-Term Debt	55	-	-	-	-
Current Portion of Long-Term Debt	-	34.09	34.09	34.09	34.09
Current Portion of Leases	7,100	-	-	-	-
Current Income Taxes Payable	91.01	77.3	124.56	123.77	108.1
Current Unearned Revenue	47.66	10.2	26.73	17.63	31.85
Other Current Liabilities	1,171	845.62	1,033	961.33	1,049
Total Current Liabilities	8,606	1,507	1,556	1,442	1,563
Long-Term Debt	-	264.87	300.4	371.86	392.16
Long-Term Leases	15.63	-	6.94	21.85	-
Long-Term Unearned Revenue	43.41	6.31	6.03	35.17	41.07
Other Long-Term Liabilities	14.12	5.19	18.44	20.78	39.4
Total Liabilities	8,680	1,784	1,888	1,892	2,035
Common Stock	2,500	2,500	1,606	1,606	1,606
Additional Paid-In Capital	2,250	2,250	2,071	2,071	2,071
Retained Earnings	-4,450	-4,518	-4,253	-3,962	-3,698
Comprehensive Income & Other	4,415	938.34	938.34	938.34	220.72
Shareholders' Equity	4,715	1,170	362.64	653.37	199.85
Total Liabilities & Equity	13,395	2,954	2,250	2,545	2,235
Total Debt	7,171	298.97	341.43	427.8	426.25
Net Cash (Debt)	-6,513	552.06	-277.56	-273.31	-231.87
Net Cash Per Share	-0.95	0.11	-0.09	-0.09	-0.07
Filing Date Shares Outstanding	5,000	5,000	3,212	3,212	3,212
Total Common Shares Outstanding	5,000	5,000	3,212	3,212	3,212
Working Capital	-7,650	-384.58	-1,237	-961.7	-876.6
Book Value Per Share	0.94	0.23	0.11	0.20	0.06
Tangible Book Value	4,715	1,034	215.25	494.18	28.85
Tangible Book Value Per Share	0.94	0.21	0.07	0.15	0.01
Land	3,890	1,053	1,053	1,053	740.69
Buildings	1,684	1,665	1,665	2,010	1,912
Machinery	3,202	2,965	2,963	2,995	2,921
Construction In Progress	-	-	-	31.03	27.61

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