NGX:TRANSCORP Balance Sheet

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	25,175	17,967	16,578	9,378	14,232	3,769
Accounts Receivable	477,007	320,643	123,432	81,347	63,257	78,636
Other Receivables	-	-	22,967	669.02	4,116	-
Inventory	5,994	4,684	3,984	5,419	4,464	4,358
Prepaid Expenses	3,072	2,116	4,385	4,431	1,583	1,061
Other Current Assets	-	-	2,899	624.86	608.67	-
Total Current Assets	511,248	345,410	174,244	101,870	88,259	87,824
Property, Plant & Equipment	319,071	310,610	294,695	288,674	278,105	155,201
Goodwill	28,959	28,959	28,959	30,934	30,934	30,934
Other Intangible Assets	13,055	17,399	11,446	10,384	10,266	10,222
Long-Term Investments	60,012	40,396	15,957	7,079	5,411	4,176
Long-Term Deferred Tax Assets	-	-	-	-	792.2	1,317
Other Long-Term Assets	8,542	8,789	4,622	3,762	2,232	29,538
Total Assets	940,887	751,563	529,924	442,703	416,000	319,211
Accounts Payable	230,279	181,022	127,854	111,745	113,604	71,093
Accrued Expenses	124,663	49,683	19,008	15,659	7,278	5,446
Short-Term Debt	-	3,911	4,042	3,898	3,467	3,927
Current Portion of Long-Term Debt	31,737	34,186	47,283	42,708	51,920	11,991
Current Unearned Revenue	1,527	826.71	753.88	706.04	603.48	423.79
Current Portion of Leases	-	-	-	-	297.12	-
Current Income Taxes Payable	81,528	56,922	22,348	6,804	3,646	1,268
Other Current Liabilities	2,712	50,565	34,279	18,627	14,195	3,653
Total Current Liabilities	472,447	377,116	255,568	200,147	195,011	97,802
Long-Term Debt	48,308	50,415	52,055	58,039	50,699	103,202
Long-Term Unearned Revenue	2,035	2,485	3,087	3,684	4,339	3,498
Pension & Post-Retirement Benefits	466.75	420.82	211.84	161.71	-	-
Long-Term Deferred Tax Liabilities	23,470	21,499	18,770	12,962	6,724	6,349
Other Long-Term Liabilities	84,590	27,935	12,935	12,935	12,935	12,935
Total Liabilities	631,316	479,870	342,626	287,929	269,708	223,786
Common Stock	5,081	5,081	20,324	20,324	20,324	20,324
Additional Paid-In Capital	6,250	6,250	6,250	6,250	6,250	6,250
Retained Earnings	149,685	112,318	68,923	54,577	47,602	28,620
Comprehensive Income & Other	36,276	54,093	34,920	26,236	26,452	1,982
Total Common Equity	197,292	177,742	130,417	107,387	100,628	57,176
Minority Interest	112,279	93,951	56,881	47,387	45,664	38,249
Shareholders' Equity	309,571	271,693	187,298	154,774	146,292	95,425
Total Liabilities & Equity	940,887	751,563	529,924	442,703	416,000	319,211
Total Debt	80,046	88,512	103,379	104,645	106,383	119,120
Net Cash (Debt)	-54,871	-70,545	-86,802	-95,267	-92,151	-115,351
Net Cash Per Share	-5.40	-6.94	-8.54	-9.37	-9.07	-11.35
Filing Date Shares Outstanding	10,162	10,162	10,162	10,162	10,162	10,162
Total Common Shares Outstanding	10,162	10,162	10,162	10,162	10,162	10,162
Working Capital	38,802	-31,705	-81,324	-98,277	-106,751	-9,978
Book Value Per Share	19.41	17.49	12.83	10.57	9.90	5.63
Tangible Book Value	155,278	131,383	90,012	66,069	59,428	16,020
Tangible Book Value Per Share	15.28	12.93	8.86	6.50	5.85	1.58
Land	-	-	-	42,408	39,524	37,740
Buildings	-	-	-	55,442	55,184	52,280
Machinery	-	-	-	211,312	203,770	89,364
Construction In Progress	-	-	-	26,162	19,292	9,156

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