United Capital 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	366,910	287,101	337,014	145,256	149,867	53,662
Trading Asset Securities	589,443	576,039	262,854	287,594	194,850	176,476
Accounts Receivable	72,186	85,096	63,227	25,436	479.65	934.45
Other Receivables	122,597	25,555	25,689	7,000	15,528	2,085
Property, Plant & Equipment	2,656	2,656	1,935	1,348	528.5	684.67
Other Intangible Assets	764.46	812.55	955.49	188.62	179.3	78.6
Investments in Debt & Equity Securities	635,202	767,643	870,742	381,243	191,694	187,171
Other Current Assets	7,412	6,633	131,355	78,176	42,935	27,900
Long-Term Deferred Tax Assets	-	-	-	402.04	1,238	312.76
Other Long-Term Assets	11,373	9,802	7,933	5,306	4,615	4,294
Total Assets	1,808,543	1,761,337	1,701,704	931,948	601,915	453,598
Accrued Expenses	-	-	-	196.41	-	-
Short-Term Debt	61.92	4.77	28,332	855.37	191.34	19,037
Current Portion of Long-Term Debt	29,663	-	-	5,745	6,001	55.64
Other Current Liabilities	1,112,853	1,021,577	952,407	503,710	305,593	284,212
Long-Term Debt	275,162	372,297	377,729	194,223	94,262	60,645
Long-Term Deferred Tax Liabilities	13,880	9,915	9,831	-	-	82.5
Other Long-Term Liabilities	194,464	189,558	190,263	124,180	156,755	57,216
Total Liabilities	1,643,090	1,611,340	1,568,200	841,235	568,928	423,051
Common Stock	9,000	9,000	9,000	3,000	3,000	3,000
Additional Paid-In Capital	515.24	515.24	515.24	683.61	683.61	683.61
Retained Earnings	48,802	53,410	39,737	31,733	29,314	28,661
Comprehensive Income & Other	107,135	87,072	84,251	55,296	-9.88	-1,797
Shareholders' Equity	165,453	149,997	133,503	90,713	32,987	30,547
Total Liabilities & Equity	1,808,543	1,761,337	1,701,704	931,948	601,915	453,598
Total Debt	304,887	372,302	406,061	200,823	100,454	79,738
Net Cash (Debt)	651,466	490,838	193,807	232,027	244,263	150,400
Net Cash Growth	196.78%	153.26%	-16.47%	-5.01%	62.41%	-
Net Cash Per Share	36.19	27.27	10.77	12.89	13.57	8.36
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	-325.03	-58,488	-169,845	20,798	85,749	-44,050
Book Value Per Share	9.19	8.33	7.42	5.04	1.83	1.70
Tangible Book Value	164,688	149,184	132,548	90,525	32,808	30,468
Tangible Book Value Per Share	9.15	8.29	7.36	5.03	1.82	1.69

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