Unity Bank Balance Sheet

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	14,263	72,601	28,993	44,786	41,202
Investment Securities	101,825	88,564	112,643	124,026	127,219
Total Investments	101,825	88,564	112,643	124,026	127,219
Gross Loans	225,452	361,814	292,969	272,469	206,206
Allowance for Loan Losses	-	-139,838	-3,613	-3,199	-4,125
Net Loans	225,452	221,976	289,356	269,270	202,081
Property, Plant & Equipment	21,581	24,984	23,460	22,668	21,915
Other Intangible Assets	2,070	1,225	1,630	145.73	148.84
Other Receivables	29,813	3,416	3,120	3,079	3,362
Restricted Cash	-	4,690	39,251	60,356	90,789
Other Current Assets	-	11,428	11,691	14,537	5,060
Other Long-Term Assets	19,703	43,700	-	-	243.95
Total Assets	414,708	472,585	510,144	538,869	492,020
Accounts Payable	-	4,413	4,134	4,874	3,918
Accrued Expenses	-	2,551	1,449	754.79	922.74
Interest Bearing Deposits	466,497	293,459	222,344	195,471	226,389
Non-Interest Bearing Deposits	-	109,535	105,086	126,814	130,226
Total Deposits	466,497	402,993	327,430	322,285	356,615
Short-Term Borrowings	125,385	145,087	168,430	194,020	157,398
Current Portion of Leases	-	123.31	110.19	104.88	-
Current Income Taxes Payable	760.3	514.85	659.48	463.87	499.18
Other Current Liabilities	-	47,923	35,564	33,398	16,419
Long-Term Debt	206,066	195,209	246,683	258,487	214,175
Long-Term Leases	-	-	-	-	148.26
Long-Term Unearned Revenue	-	63.19	43.26	25.81	72.64
Other Long-Term Liabilities	62,705	580.64	589.48	609.01	17,262
Total Liabilities	861,414	799,458	785,092	815,022	767,430
Common Stock	5,845	5,845	5,845	5,845	5,845
Additional Paid-In Capital	10,486	10,486	10,486	10,486	10,486
Retained Earnings	-533,402	-417,830	-355,193	-356,134	-359,308
Comprehensive Income & Other	70,366	74,626	63,914	63,650	67,567
Shareholders' Equity	-446,706	-326,873	-274,948	-276,153	-275,410
Total Liabilities & Equity	414,708	472,585	510,144	538,869	492,020
Total Debt	331,451	340,420	415,223	452,612	371,721
Net Cash (Debt)	-317,188	-267,819	-386,230	-407,826	-330,520
Net Cash Per Share	-27.13	-22.91	-33.04	-34.89	-28.28
Filing Date Shares Outstanding	11,689	11,689	11,689	11,689	11,689
Total Common Shares Outstanding	11,689	11,689	11,689	11,689	11,689
Book Value Per Share	-38.21	-27.96	-23.52	-23.62	-23.56
Tangible Book Value	-448,776	-328,099	-276,578	-276,299	-275,559
Tangible Book Value Per Share	-38.39	-28.07	-23.66	-23.64	-23.57

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