UPDC Plc 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	Jun '26 Jun 30, 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	8,591	10,198	11,505	4,918	3,161	1,878
Cash & Short-Term Investments	8,591	10,198	11,505	4,918	3,161	1,878
Cash Growth	-40.56%	-11.36%	133.93%	55.56%	68.31%	-36.27%
Accounts Receivable	5,470	670.78	385.01	442.41	98.77	45.74
Other Receivables	327.13	698.64	1,007	1,615	1,817	2,620
Receivables	5,797	1,369	1,392	2,057	1,916	2,666
Inventory	1,249	3,219	8,730	3,200	5,266	6,085
Prepaid Expenses	-	109.07	70.19	68	29.73	33.16
Other Current Assets	-	5,536	194.93	60.26	93.91	8,144
Total Current Assets	15,637	20,432	21,892	10,303	10,467	18,806
Property, Plant & Equipment	8,358	8,450	8,253	8,334	8,390	49.93
Long-Term Investments	1,413	1,033	787.21	973.99	525.89	722.62
Other Intangible Assets	75.91	74.68	56.3	52.2	45.44	16.39
Other Long-Term Assets	-0	0	-	-	-	-
Total Assets	25,484	29,989	30,988	19,664	19,428	19,595
Accounts Payable	10,322	2,923	3,012	1,217	1,125	726.36
Accrued Expenses	-	1,126	1,808	1,149	1,203	555.09
Current Portion of Long-Term Debt	60.72	79.04	116.59	70.73	70.73	-
Current Income Taxes Payable	721.58	1,271	490.89	167.49	144.05	138.96
Current Unearned Revenue	-	3,976	2,479	2,374	2,802	2,267
Other Current Liabilities	-	6,941	10,490	1,076	1,118	2,222
Total Current Liabilities	11,104	16,315	18,396	6,054	6,463	5,910
Long-Term Debt	1,511	2,015	3,023	4,702	4,702	5,512
Long-Term Deferred Tax Liabilities	207.14	207.14	83.35	72.54	73.02	79.36
Other Long-Term Liabilities	-	-0	0	-	-	-
Total Liabilities	12,823	18,538	21,503	10,829	11,238	11,501
Common Stock	9,280	9,280	9,280	9,280	9,280	9,280
Additional Paid-In Capital	8,972	8,972	8,972	8,972	8,972	8,972
Retained Earnings	-8,193	-8,360	-9,149	-9,581	-9,835	-10,578
Comprehensive Income & Other	613.57	233.34	100.06	286.84	-166.77	418.1
Total Common Equity	10,673	10,125	9,203	8,957	8,250	8,092
Minority Interest	1,989	1,327	282.84	-121.88	-59.58	2.56
Shareholders' Equity	12,662	11,452	9,486	8,835	8,191	8,094
Total Liabilities & Equity	25,484	29,989	30,988	19,664	19,428	19,595
Total Debt	1,572	2,094	3,139	4,773	4,773	5,512
Net Cash (Debt)	7,019	8,104	8,365	145.19	-1,611	-3,633
Net Cash Growth	-40.71%	-3.13%	5661.74%	-	-	-
Net Cash Per Share	0.55	0.44	0.45	0.01	-0.09	-0.20
Filing Date Shares Outstanding	-	18,560	18,560	18,560	18,560	18,560
Total Common Shares Outstanding	-	18,560	18,560	18,560	18,560	18,560
Working Capital	4,533	4,116	3,495	4,249	4,004	12,896
Book Value Per Share	-	0.55	0.50	0.48	0.44	0.44
Tangible Book Value	10,597	10,050	9,146	8,905	8,205	8,075
Tangible Book Value Per Share	-	0.54	0.49	0.48	0.44	0.44
Land	-	1,104	1,104	1,104	1,104	-
Buildings	-	7,025	7,025	7,025	7,025	-
Machinery	-	1,233	718.48	491.7	431.7	194.19