Unilever 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	115,346	110,752	68,439	56,699	66,318	55,698
Cash & Short-Term Investments	115,346	110,752	68,439	56,699	66,318	55,698
Cash Growth	42.51%	61.82%	20.71%	-14.51%	19.07%	50.13%
Accounts Receivable	6,307	5,166	5,534	10,304	3,260	12,291
Other Receivables	6,012	4,721	1,385	1,605	6,245	465.64
Receivables	12,320	9,887	6,919	11,909	9,505	12,757
Inventory	35,324	31,326	39,998	27,052	16,332	14,956
Other Current Assets	-	885.28	917.68	419.46	11,741	2,498
Total Current Assets	162,989	152,851	116,274	96,079	103,896	85,909
Property, Plant & Equipment	24,100	24,410	22,377	18,771	21,491	22,376
Other Intangible Assets	1.83	1.93	2.31	2.7	3.08	3.47
Long-Term Accounts Receivable	374.6	367.5	367.7	362.1	-	-
Other Long-Term Assets	1,712	1,711	1,424	209.26	-	-
Total Assets	189,990	180,179	141,647	116,302	125,390	108,289
Accounts Payable	23,697	28,603	16,571	12,038	14,758	11,205
Accrued Expenses	8,872	9,975	6,476	6,844	6,774	7,459
Short-Term Debt	-	-	3,242	2,023	13,556	7,095
Current Income Taxes Payable	25,207	20,234	10,641	1,494	2,972	700.82
Current Unearned Revenue	-	423.56	217.03	227.68	442.31	-
Other Current Liabilities	11,853	9,042	13,700	11,172	16,875	13,758
Total Current Liabilities	69,629	68,277	50,848	33,797	55,377	40,218
Long-Term Debt	2,109	2,169	2,830	1,540	-	-
Long-Term Leases	64.87	82.37	213.01	-	-	-
Long-Term Unearned Revenue	-	-	216.06	216.06	-	-
Pension & Post-Retirement Benefits	754.6	731.34	877.35	806.44	655.03	876
Long-Term Deferred Tax Liabilities	1,783	354.05	942.86	4,875	1,473	1,063
Other Long-Term Liabilities	1,173	1,110	613.39	558.96	319.55	369.77
Total Liabilities	75,514	72,723	56,541	41,793	57,825	42,527
Common Stock	2,873	2,873	2,873	2,873	2,873	2,873
Additional Paid-In Capital	56,813	56,813	56,813	56,813	56,813	56,813
Retained Earnings	54,791	47,771	25,421	14,824	7,879	6,076
Shareholders' Equity	114,476	107,456	85,106	74,509	67,565	65,762
Total Liabilities & Equity	189,990	180,179	141,647	116,302	125,390	108,289
Total Debt	2,174	2,251	6,285	3,563	13,556	7,095
Net Cash (Debt)	113,172	108,500	62,154	53,136	52,762	48,603
Net Cash Growth	46.14%	74.57%	16.97%	0.71%	8.56%	31.85%
Net Cash Per Share	19.67	18.89	10.82	9.25	9.18	8.46
Filing Date Shares Outstanding	5,745	5,745	5,745	5,745	5,745	5,745
Total Common Shares Outstanding	5,745	5,745	5,745	5,745	5,745	5,745
Working Capital	93,360	84,574	65,427	62,282	48,519	45,691
Book Value Per Share	19.93	18.70	14.81	12.97	11.76	11.45
Tangible Book Value	114,474	107,454	85,104	74,506	67,562	65,758
Tangible Book Value Per Share	19.93	18.70	14.81	12.97	11.76	11.45
Land	433.64	433.64	433.64	433.64	433.64	433.64
Buildings	13,106	13,083	13,019	12,811	12,953	12,757
Machinery	36,113	31,797	32,143	27,742	28,729	30,541
Construction In Progress	244.95	4,159	249.2	1,766	1,780	955.64

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