United Capital Plc (NGX:UCAP)

United Capital Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	474,439	337,014	145,256	149,867	53,662	43,420
Trading Asset Securities	288,199	262,854	287,594	194,850	176,476	23,335
Accounts Receivable	68,205	63,227	25,436	479.65	934.45	1,166
Other Receivables	32,720	25,689	7,000	15,528	2,085	1,635
Property, Plant & Equipment	2,535	1,935	1,348	528.5	684.67	849.52
Other Intangible Assets	796.49	955.49	188.62	179.3	78.6	42.02
Investments in Debt & Equity Securities	864,367	870,742	381,243	191,694	187,171	121,814
Other Current Assets	126,409	131,355	78,176	42,935	27,900	25,672
Long-Term Deferred Tax Assets	-	-	402.04	1,238	312.76	314.74
Other Long-Term Assets	9,802	7,933	5,306	4,615	4,294	4,500
Total Assets	1,867,474	1,701,704	931,948	601,915	453,598	222,748
Accrued Expenses	-	-	196.41	-	-	-
Short-Term Debt	82.47	28,332	855.37	191.34	19,037	14,881
Current Portion of Long-Term Debt	29,642	1,393	5,745	6,001	55.64	5,250
Other Current Liabilities	1,049,268	952,407	503,710	305,593	284,212	77,390
Long-Term Debt	327,569	376,336	194,223	94,262	60,645	52,535
Long-Term Deferred Tax Liabilities	-	-	-	-	82.5	126.97
Other Long-Term Liabilities	213,153	190,263	124,180	156,755	57,216	46,309
Total Liabilities	1,637,561	1,568,200	841,235	568,928	423,051	198,322
Common Stock	9,000	9,000	3,000	3,000	3,000	3,000
Additional Paid-In Capital	515.24	515.24	683.61	683.61	683.61	683.61
Retained Earnings	46,510	39,737	31,733	29,314	28,661	21,602
Comprehensive Income & Other	173,887	84,251	55,296	-9.88	-1,797	-858.93
Shareholders' Equity	229,913	133,503	90,713	32,987	30,547	24,426
Total Liabilities & Equity	1,867,474	1,701,704	931,948	601,915	453,598	222,748
Total Debt	357,294	406,061	200,823	100,454	79,738	72,665
Net Cash (Debt)	405,344	193,807	232,027	244,263	150,400	-5,910
Net Cash Growth	11.20%	-16.47%	-5.01%	62.41%	-	-
Net Cash Per Share	22.52	10.77	12.89	13.57	8.36	-0.33
Filing Date Shares Outstanding	18,000	18,000	18,000	18,000	18,000	18,000
Total Common Shares Outstanding	18,000	18,000	18,000	18,000	18,000	18,000
Working Capital	-106,303	-181,069	20,798	85,749	-44,050	-4,123
Book Value Per Share	12.77	7.42	5.04	1.83	1.70	1.36
Tangible Book Value	229,116	132,548	90,525	32,808	30,468	24,384
Tangible Book Value Per Share	12.73	7.36	5.03	1.82	1.69	1.35

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.