Transcorp Hotels Balance Sheet

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	12,495	16,959	8,596	8,979	5,183	4,965
Short-Term Investments	-	-	-	697.38	1,108	490.65
Cash & Short-Term Investments	12,495	16,959	8,596	9,676	6,291	5,456
Cash Growth	-4.26%	97.30%	-11.16%	53.80%	15.30%	178.13%
Accounts Receivable	19,037	10,997	7,414	2,742	1,222	940.46
Other Receivables	-	-	-	457.76	495.32	965.89
Receivables	19,037	10,997	7,414	3,200	1,718	1,906
Inventory	743.36	629.34	790.35	645.56	616.62	619.52
Prepaid Expenses	2,184	904.65	1,789	1,005	1,062	1,028
Other Current Assets	-	-	-	3,314	394.76	634.23
Total Current Assets	34,459	29,490	18,589	17,841	10,082	9,644
Property, Plant & Equipment	125,306	124,857	117,788	107,814	107,971	103,980
Long-Term Investments	3,889	3,689	2,305	300.08	0.08	-
Goodwill	-	-	-	-	1,975	1,975
Other Intangible Assets	305.31	238.45	157.77	139.6	158.86	158.61
Long-Term Deferred Tax Assets	-	-	-	-	-	132.56
Other Long-Term Assets	1,575	1,631	1,856	-	300	-
Total Assets	165,534	159,906	140,696	126,095	120,487	115,890
Accounts Payable	18,658	11,587	12,565	15,944	15,109	13,774
Accrued Expenses	98.33	11,833	8,918	5,698	4,337	3,310
Short-Term Debt	-	1,408	1,580	1,749	1,925	1,781
Current Portion of Long-Term Debt	3,763	4,042	5,760	5,316	5,921	5,472
Current Income Taxes Payable	5,912	5,273	3,068	1,544	594.49	166.5
Current Unearned Revenue	1,665	1,522	801.71	740.38	706.04	603.48
Other Current Liabilities	-	1,113	1,062	1,320	712.01	522.51
Total Current Liabilities	30,097	36,777	33,755	32,311	29,306	25,630
Long-Term Debt	23,092	5,069	8,745	13,590	16,113	16,449
Long-Term Unearned Revenue	1,735	1,884	2,485	3,087	3,684	4,339
Pension & Post-Retirement Benefits	443.37	359.21	420.82	211.84	161.71	-
Long-Term Deferred Tax Liabilities	18,957	18,178	12,362	7,689	6,023	4,841
Other Long-Term Liabilities	2,410	2,410	2,410	2,410	2,410	2,410
Total Liabilities	76,734	64,676	60,177	59,299	57,698	53,670
Common Stock	5,121	5,121	5,121	5,121	5,121	5,121
Additional Paid-In Capital	12,549	12,549	12,549	12,549	12,549	12,549
Retained Earnings	70,896	77,525	63,234	49,314	45,207	44,578
Comprehensive Income & Other	451.09	250.96	-186.68	-37.85	-	-
Total Common Equity	89,017	95,446	80,717	66,947	62,877	62,248
Minority Interest	-217.41	-216.81	-198.32	-150.39	-87.52	-27.68
Shareholders' Equity	88,799	95,229	80,519	66,796	62,790	62,220
Total Liabilities & Equity	165,534	159,906	140,696	126,095	120,487	115,890
Total Debt	26,856	10,518	16,085	20,655	23,960	23,702
Net Cash (Debt)	-14,361	6,441	-7,489	-10,979	-17,668	-18,246
Net Cash Per Share	-1.40	0.63	-0.73	-1.07	-1.73	-1.78
Filing Date Shares Outstanding	10,294	10,243	10,243	10,243	10,243	10,243
Total Common Shares Outstanding	10,294	10,243	10,243	10,243	10,243	10,243
Working Capital	4,362	-7,287	-15,166	-14,470	-19,223	-15,986
Book Value Per Share	8.65	9.32	7.88	6.54	6.14	6.08
Tangible Book Value	88,712	95,208	80,560	66,807	60,744	60,115
Tangible Book Value Per Share	8.62	9.30	7.87	6.52	5.93	5.87
Land	-	39,545	39,545	39,545	39,802	37,272
Buildings	-	57,762	49,956	49,597	50,827	50,578
Machinery	-	37,281	25,798	23,830	26,297	24,838
Construction In Progress	-	11,982	21,029	10,903	9,070	6,752

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