UPDC Real Estate Investment Trust (NGX:UPDCREIT)

NGX:UPDCREIT Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	27,581	25,753	23,135	21,575	26,635
Cash & Equivalents	5,693	3,671	1,977	2,502	1,305
Accounts Receivable	69.66	1.62	26.47	12.32	63.76
Other Receivables	-	-	-	-	148.72
Other Current Assets	52.5	33.98	28.36	20.8	19.19
Trading Asset Securities	76.33	92.81	1,605	1,711	3,848
Other Long-Term Assets	-	0	-	-	-
Total Assets	33,473	29,552	26,773	25,821	32,019
Long-Term Leases	41.36	37.79	17.21	14.68	12.52
Accrued Expenses	140.77	124.78	102.62	127.57	133.87
Current Unearned Revenue	682.75	316.31	482.19	165.65	280.99
Other Current Liabilities	4.84	5.81	10.29	508.51	486.34
Long-Term Unearned Revenue	20.63	115.83	37.95	75.8	195.07
Other Long-Term Liabilities	-	0	-	-	-
Total Liabilities	890.36	600.51	650.26	892.21	1,109
Common Stock	26,683	26,683	26,683	26,683	26,683
Retained Earnings	5,900	2,269	-560.16	-1,754	4,228
Shareholders' Equity	32,583	28,952	26,123	24,929	30,910
Total Liabilities & Equity	33,473	29,552	26,773	25,821	32,019
Total Debt	41.36	37.79	17.21	14.68	12.52
Net Cash / Debt	5,728	3,726	3,566	4,198	5,141
Net Cash Growth	53.73%	4.51%	-15.06%	-18.34%	25.60%
Net Cash Per Share	2.15	1.40	1.34	1.57	1.93
Filing Date Shares Outstanding	2,668	2,668	2,668	2,668	2,668
Total Common Shares Outstanding	2,668	2,668	2,668	2,668	2,668
Book Value Per Share	12.21	10.85	9.79	9.34	11.58
Tangible Book Value	32,583	28,952	26,123	24,929	30,910
Tangible Book Value Per Share	12.21	10.85	9.79	9.34	11.58

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