Trans-Nationwide Express 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	16.72	8.93	60.62	37.97	43.7	35.78
Cash & Short-Term Investments	16.72	8.93	60.62	37.97	43.7	35.78
Cash Growth	-66.26%	-85.27%	59.65%	-13.10%	22.14%	-9.29%
Accounts Receivable	132.21	136.96	161.43	192.86	179.12	171.31
Other Receivables	9.21	7.97	5.06	4.36	4.34	20.06
Receivables	141.42	145.13	166.51	197.6	184.13	191.37
Inventory	1.67	1.67	2.14	2.48	3.8	5.01
Prepaid Expenses	29.72	24.17	36.5	52.62	6.42	7.37
Other Current Assets	98.2	98.2	97.9	158.8	168.74	135.71
Total Current Assets	287.73	278.1	363.67	449.48	406.79	375.23
Property, Plant & Equipment	142.49	146.97	169.33	201.33	236.17	230.37
Long-Term Investments	17.52	21.77	53.77	56.93	30.4	5.44
Other Intangible Assets	2.83	3.61	6.69	12.17	13.4	16.48
Long-Term Deferred Tax Assets	24.57	24.57	14.4	-	10.26	22.06
Total Assets	475.13	475.01	607.86	719.91	697.03	649.59
Accounts Payable	157.29	117.18	105.28	50.01	46.92	8.22
Accrued Expenses	311.95	314.37	257.87	248.51	233.87	231.29
Current Income Taxes Payable	-0.17	0.98	25.52	29.39	32.58	36.01
Other Current Liabilities	2.03	4.13	4.13	4.69	4.7	13.45
Total Current Liabilities	471.1	436.67	392.79	332.6	318.08	288.96
Long-Term Deferred Tax Liabilities	-	-	-	1.7	-	-
Total Liabilities	471.1	436.67	392.79	334.31	318.08	288.96
Common Stock	249.08	249.08	249.08	249.08	249.08	234.42
Additional Paid-In Capital	71.26	71.26	71.26	71.26	71.26	71.26
Retained Earnings	-316.3	-281.99	-105.27	65.26	58.61	54.94
Shareholders' Equity	4.03	38.35	215.07	385.6	378.95	360.63
Total Liabilities & Equity	475.13	475.01	607.86	719.91	697.03	649.59
Net Cash (Debt)	16.72	8.93	60.62	37.97	43.7	35.78
Net Cash Growth	-66.26%	-85.27%	59.65%	-13.10%	22.14%	-9.29%
Net Cash Per Share	0.03	0.02	0.12	0.08	0.09	0.07
Filing Date Shares Outstanding	498.15	498.15	498.15	498.15	498.15	498.15
Total Common Shares Outstanding	498.15	498.15	498.15	498.15	498.15	498.15
Working Capital	-183.37	-158.56	-29.12	116.88	88.72	86.27
Book Value Per Share	0.01	0.08	0.43	0.77	0.76	0.72
Tangible Book Value	1.2	34.74	208.38	373.43	365.55	344.14
Tangible Book Value Per Share	0.00	0.07	0.42	0.75	0.73	0.69
Land	55	55	55	55	55	55
Buildings	97.84	97.84	97.84	97.84	97.84	97.84
Machinery	462.6	462.47	462.86	461.87	466.73	466.37

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