Union Dicon Salt 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	12,188	641.84	53.59	90.47	14.36
Cash & Short-Term Investments	12,188	641.84	53.59	90.47	14.36
Cash Growth	1798.88%	1097.80%	-40.77%	530.23%	16.39%
Accounts Receivable	73.25	-	-	-	-
Other Receivables	-	79	5	4	0.3
Receivables	73.25	86.46	13.55	4.67	0.51
Inventory	11.25	-	-	-	-
Total Current Assets	12,272	728.3	67.13	95.14	14.87
Property, Plant & Equipment	255.85	47.46	45.73	43.55	43.39
Long-Term Investments	-	-	-	53.98	53.98
Other Long-Term Assets	142.83	-	-	-	-
Total Assets	12,671	775.76	112.86	192.67	112.23
Accounts Payable	13,915	-	-	-	-
Accrued Expenses	-	143.14	139.47	111.89	133.51
Current Income Taxes Payable	85.96	85.96	86.33	60.08	62.39
Current Unearned Revenue	-	590.67	22.23	223.9	50.6
Other Current Liabilities	-	1,313	1,118	1,116	1,138
Total Current Liabilities	14,001	2,133	1,366	1,512	1,385
Pension & Post-Retirement Benefits	60	60	60	61.25	62.36
Long-Term Deferred Tax Liabilities	11.41	11.41	11.41	5.38	39.59
Total Liabilities	14,073	2,204	1,437	1,578	1,486
Common Stock	136.67	136.67	136.67	136.67	136.67
Additional Paid-In Capital	250.64	250.64	250.64	250.64	250.64
Retained Earnings	-1,855	-1,881	-1,777	-1,839	-1,827
Comprehensive Income & Other	65.69	65.69	65.69	65.69	65.69
Shareholders' Equity	-1,402	-1,428	-1,324	-1,386	-1,374
Total Liabilities & Equity	12,671	775.76	112.86	192.67	112.23
Net Cash (Debt)	12,188	641.84	53.59	90.47	14.36
Net Cash Growth	1798.88%	1097.80%	-40.77%	530.23%	16.39%
Net Cash Per Share	44.59	2.35	0.20	0.33	0.05
Filing Date Shares Outstanding	273.35	273.35	273.35	273.35	273.35
Total Common Shares Outstanding	273.35	273.35	273.35	273.35	273.35
Working Capital	-1,729	-1,404	-1,299	-1,417	-1,370
Book Value Per Share	-5.13	-5.22	-4.85	-5.07	-5.03
Tangible Book Value	-1,402	-1,428	-1,324	-1,386	-1,374
Tangible Book Value Per Share	-5.13	-5.22	-4.85	-5.07	-5.03
Land	-	66.08	66.08	66.08	66.08
Machinery	-	1,319	1,316	1,313	1,311

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