UAC of Nigeria 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	51,055	40,594	25,270	16,197	11,410
Cash & Short-Term Investments	51,055	40,594	25,270	16,197	11,410
Cash Growth	25.77%	60.64%	56.01%	41.95%	-52.99%
Accounts Receivable	8,041	973.56	1,723	1,562	1,107
Other Receivables	9,114	7,883	9,512	1,687	7,619
Receivables	17,154	8,856	11,235	3,250	8,726
Inventory	227,737	54,965	26,917	24,396	36,214
Prepaid Expenses	4,386	-	-	2,151	-
Other Current Assets	8,534	360.39	575.04	1,840	553.19
Total Current Assets	308,866	104,776	63,997	47,834	56,903
Property, Plant & Equipment	125,999	29,965	27,951	26,515	22,942
Long-Term Investments	15,208	17,702	13,851	11,259	11,410
Goodwill	70,414	548.75	548.75	548.75	548.75
Other Intangible Assets	2,337	2,172	2,649	3,078	970.9
Long-Term Accounts Receivable	10.37	10.37	10.37	10.37	2,687
Long-Term Deferred Tax Assets	54.18	54.18	-	-	-
Other Long-Term Assets	1,117	1,118	1,191	2,435	3,471
Total Assets	524,926	157,726	112,345	93,828	98,932
Accounts Payable	23,716	11,989	5,535	6,480	5,821
Accrued Expenses	28,932	6,822	5,384	3,906	3,720
Short-Term Debt	202,285	31,159	24,989	16,537	19,572
Current Portion of Leases	984.03	374.09	373.41	789.01	341.63
Current Income Taxes Payable	16,081	8,259	5,275	3,997	3,727
Current Unearned Revenue	6,180	3,634	2,280	2,404	2,425
Other Current Liabilities	8,403	9,726	8,655	8,455	7,138
Total Current Liabilities	286,582	71,964	52,491	42,568	42,745
Long-Term Debt	161,602	10,322	2,460	2,467	339.72
Long-Term Leases	985.79	1,139	1,144	569.94	271.01
Long-Term Unearned Revenue	363.97	340.03	62.05	132.05	-
Pension & Post-Retirement Benefits	2,345	1,223	59.61	68.12	72.3
Long-Term Deferred Tax Liabilities	12,502	6,268	2,907	2,708	4,649
Other Long-Term Liabilities	60.67	59.99	40.03	34.08	16.64
Total Liabilities	464,441	91,316	59,164	48,547	48,093
Common Stock	1,463	1,463	1,463	1,463	1,441
Additional Paid-In Capital	14,648	14,648	14,648	14,648	14,175
Retained Earnings	43,744	46,938	34,047	25,442	30,051
Comprehensive Income & Other	-1,862	-311.89	589.13	410.69	314.78
Total Common Equity	57,993	62,737	50,747	41,964	45,981
Minority Interest	2,491	3,673	2,434	3,317	4,857
Shareholders' Equity	60,484	66,410	53,182	45,280	50,838
Total Liabilities & Equity	524,926	157,726	112,345	93,828	98,932
Total Debt	365,857	42,994	28,966	20,363	20,524
Net Cash (Debt)	-314,801	-2,400	-3,696	-4,166	-9,114
Net Cash Per Share	-105.97	-0.82	-1.26	-1.44	-3.15
Filing Date Shares Outstanding	2,926	2,926	2,926	2,926	2,881
Total Common Shares Outstanding	2,926	2,926	2,926	2,926	2,881
Working Capital	22,284	32,812	11,506	5,266	14,158
Book Value Per Share	19.82	21.44	17.34	14.34	15.96
Tangible Book Value	-14,758	60,016	47,549	38,337	44,462
Tangible Book Value Per Share	-5.04	20.51	16.25	13.10	15.43
Land	37,366	1,393	1,353	1,353	1,353
Buildings	31,931	8,672	8,083	7,958	7,581
Machinery	118,877	35,878	33,387	30,581	27,364
Construction In Progress	7,648	4,593	3,245	3,021	2,678

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.