UAC of Nigeria 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	77,562	50,911	40,594	25,270	16,197	11,410
Cash & Short-Term Investments	77,562	50,911	40,594	25,270	16,197	11,410
Cash Growth	83.38%	25.41%	60.64%	56.01%	41.95%	-52.99%
Accounts Receivable	27,484	8,314	973.56	1,723	1,562	1,107
Other Receivables	-	17,359	7,883	9,512	1,687	7,619
Receivables	27,484	25,672	8,856	11,235	3,250	8,726
Inventory	189,547	214,533	54,965	26,917	24,396	36,214
Prepaid Expenses	-	-	-	-	2,151	-
Other Current Assets	94.4	94.4	360.39	575.04	1,840	553.19
Total Current Assets	294,687	291,210	104,776	63,997	47,834	56,903
Property, Plant & Equipment	117,738	119,454	29,965	27,951	26,515	22,942
Long-Term Investments	16,346	15,147	17,702	13,851	11,259	11,410
Goodwill	-	548.75	548.75	548.75	548.75	548.75
Other Intangible Assets	165,904	167,837	2,172	2,649	3,078	970.9
Long-Term Accounts Receivable	930.45	10.37	10.37	10.37	10.37	2,687
Long-Term Deferred Tax Assets	-	-	54.18	-	-	-
Other Long-Term Assets	2,002	1,923	1,118	1,191	2,435	3,471
Total Assets	597,608	597,058	157,726	112,345	93,828	98,932
Accounts Payable	53,986	44,387	11,989	5,535	6,480	5,821
Accrued Expenses	-	22,690	6,822	5,384	3,906	3,720
Short-Term Debt	186,807	185,231	31,159	24,989	16,537	19,572
Current Portion of Leases	1,219	1,030	374.09	373.41	789.01	341.63
Current Income Taxes Payable	30,090	21,148	8,259	5,275	3,997	3,727
Current Unearned Revenue	7,687	6,367	3,634	2,280	2,404	2,425
Other Current Liabilities	2,966	13,744	9,726	8,655	8,455	7,138
Total Current Liabilities	282,754	294,596	71,964	52,491	42,568	42,745
Long-Term Debt	157,456	159,584	10,322	2,460	2,467	339.72
Long-Term Leases	1,245	1,145	1,139	1,144	569.94	271.01
Long-Term Unearned Revenue	213	213	340.03	62.05	132.05	-
Pension & Post-Retirement Benefits	3,495	3,147	1,223	59.61	68.12	72.3
Long-Term Deferred Tax Liabilities	68,433	68,541	6,268	2,907	2,708	4,649
Other Long-Term Liabilities	60.67	60.67	59.99	40.03	34.08	16.64
Total Liabilities	513,657	527,288	91,316	59,164	48,547	48,093
Common Stock	1,463	1,463	1,463	1,463	1,463	1,441
Additional Paid-In Capital	14,648	14,648	14,648	14,648	14,648	14,175
Retained Earnings	66,609	53,470	46,938	34,047	25,442	30,051
Comprehensive Income & Other	-1,444	-1,980	-311.89	589.13	410.69	314.78
Total Common Equity	81,276	67,600	62,737	50,747	41,964	45,981
Minority Interest	2,675	2,170	3,673	2,434	3,317	4,857
Shareholders' Equity	83,950	69,771	66,410	53,182	45,280	50,838
Total Liabilities & Equity	597,608	597,058	157,726	112,345	93,828	98,932
Total Debt	346,727	346,990	42,994	28,966	20,363	20,524
Net Cash (Debt)	-269,165	-296,080	-2,400	-3,696	-4,166	-9,114
Net Cash Per Share	-91.94	-101.18	-0.82	-1.26	-1.44	-3.15
Filing Date Shares Outstanding	2,926	2,926	2,926	2,926	2,926	2,881
Total Common Shares Outstanding	2,926	2,926	2,926	2,926	2,926	2,881
Working Capital	11,933	-3,386	32,812	11,506	5,266	14,158
Book Value Per Share	27.77	23.10	21.44	17.34	14.34	15.96
Tangible Book Value	-84,628	-100,786	60,016	47,549	38,337	44,462
Tangible Book Value Per Share	-28.92	-34.44	20.51	16.25	13.10	15.43
Land	-	32,798	1,393	1,353	1,353	1,353
Buildings	-	29,892	8,672	8,083	7,958	7,581
Machinery	-	118,881	35,878	33,387	30,581	27,364
Construction In Progress	-	7,695	4,593	3,245	3,021	2,678

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