Transcorp Power 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	4,864	8,335	6,369	2,702
Accounts Receivable	328,849	265,041	113,984	73,868
Other Receivables	21,818	32,117	30,770	20,301
Inventory	3,109	2,368	1,761	4,314
Prepaid Expenses	707.96	173.22	119.79	217
Other Current Assets	1,331	1,057	331.63	172.31
Total Current Assets	360,677	309,091	153,336	101,575
Property, Plant & Equipment	59,254	60,609	57,980	54,703
Goodwill	9,701	9,701	9,701	9,701
Long-Term Investments	17,381	17,381	2,374	2,209
Total Assets	447,014	396,782	223,391	168,187
Accounts Payable	128,671	115,569	67,994	55,500
Accrued Expenses	19,241	16,482	3,929	4,201
Current Portion of Long-Term Debt	4,202	4,514	7,559	13,105
Current Income Taxes Payable	63,845	52,849	20,182	5,789
Other Current Liabilities	47,585	40,396	26,913	16,606
Total Current Liabilities	263,545	229,809	126,577	95,200
Long-Term Debt	43,758	33,093	29,753	29,967
Long-Term Deferred Tax Liabilities	6,698	7,254	9,198	5,056
Total Liabilities	314,001	270,157	165,528	130,223
Common Stock	3,750	3,750	3,750	40.11
Additional Paid-In Capital	44,385	44,385	44,385	34,968
Retained Earnings	84,878	78,491	9,727	2,956
Shareholders' Equity	133,013	126,626	57,862	37,964
Total Liabilities & Equity	447,014	396,782	223,391	168,187
Total Debt	47,960	37,607	37,312	43,072
Net Cash (Debt)	-43,097	-29,272	-30,944	-40,370
Net Cash Per Share	-5.75	-3.90	-94.41	-510.04
Filing Date Shares Outstanding	7,500	7,500	7,500	79.15
Total Common Shares Outstanding	7,500	7,500	7,500	79.15
Working Capital	97,132	79,282	26,759	6,375
Book Value Per Share	17.74	16.88	7.71	479.65
Tangible Book Value	123,312	116,924	48,161	28,263
Tangible Book Value Per Share	16.44	15.59	6.42	357.08
Land	842.46	842.46	842.46	800.96
Buildings	1,789	1,789	1,766	1,766
Machinery	92,438	87,489	80,389	75,697
Construction In Progress	2,006	6,930	6,522	3,221

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