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	2015 - 2019
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	2015 - 2019
Cash & Equivalents	14,263	72,601	28,993	44,786	41,202	Upgrade
Investment Securities	101,825	88,564	112,643	124,026	127,219	Upgrade
Total Investments	101,825	88,564	112,643	124,026	127,219	Upgrade
Gross Loans	225,452	361,814	292,969	272,469	206,206	Upgrade
Allowance for Loan Losses	-	-139,838	-3,613	-3,199	-4,125	Upgrade
Net Loans	225,452	221,976	289,356	269,270	202,081	Upgrade
Property, Plant & Equipment	21,581	24,984	23,460	22,668	21,915	Upgrade
Other Intangible Assets	2,070	1,225	1,630	145.73	148.84	Upgrade
Other Receivables	29,813	3,416	3,120	3,079	3,362	Upgrade
Restricted Cash	-	4,690	39,251	60,356	90,789	Upgrade
Other Current Assets	-	11,428	11,691	14,537	5,060	Upgrade
Other Long-Term Assets	19,703	43,700	-	-	243.95	Upgrade
Total Assets	414,708	472,585	510,144	538,869	492,020	Upgrade
Accounts Payable	-	4,413	4,134	4,874	3,918	Upgrade
Accrued Expenses	-	2,551	1,449	754.79	922.74	Upgrade
Interest Bearing Deposits	466,497	293,459	222,344	195,471	226,389	Upgrade
Non-Interest Bearing Deposits	-	109,535	105,086	126,814	130,226	Upgrade
Total Deposits	466,497	402,993	327,430	322,285	356,615	Upgrade
Short-Term Borrowings	125,385	145,087	168,430	194,020	157,398	Upgrade
Current Portion of Leases	-	123.31	110.19	104.88	-	Upgrade
Current Income Taxes Payable	760.3	514.85	659.48	463.87	499.18	Upgrade
Other Current Liabilities	-	47,923	35,564	33,398	16,419	Upgrade
Long-Term Debt	206,066	195,209	246,683	258,487	214,175	Upgrade
Long-Term Leases	-	-	-	-	148.26	Upgrade
Long-Term Unearned Revenue	-	63.19	43.26	25.81	72.64	Upgrade
Other Long-Term Liabilities	62,705	580.64	589.48	609.01	17,262	Upgrade
Total Liabilities	861,414	799,458	785,092	815,022	767,430	Upgrade
Common Stock	5,845	5,845	5,845	5,845	5,845	Upgrade
Additional Paid-In Capital	10,486	10,486	10,486	10,486	10,486	Upgrade
Retained Earnings	-533,402	-417,830	-355,193	-356,134	-359,308	Upgrade
Comprehensive Income & Other	70,366	74,626	63,914	63,650	67,567	Upgrade
Shareholders' Equity	-446,706	-326,873	-274,948	-276,153	-275,410	Upgrade
Total Liabilities & Equity	414,708	472,585	510,144	538,869	492,020	Upgrade
Total Debt	331,451	340,420	415,223	452,612	371,721	Upgrade
Net Cash (Debt)	-317,188	-267,819	-386,230	-407,826	-330,520	Upgrade
Net Cash Per Share	-27.13	-22.91	-33.04	-34.89	-28.28	Upgrade
Filing Date Shares Outstanding	11,689	11,689	11,689	11,689	11,689	Upgrade
Total Common Shares Outstanding	11,689	11,689	11,689	11,689	11,689	Upgrade
Book Value Per Share	-38.21	-27.96	-23.52	-23.62	-23.56	Upgrade
Tangible Book Value	-448,776	-328,099	-276,578	-276,299	-275,559	Upgrade
Tangible Book Value Per Share	-38.39	-28.07	-23.66	-23.64	-23.57	Upgrade

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