UPDC Real Estate Investment Trust (NGX:UPDCREIT)

NGX:UPDCREIT Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	27,915	27,587	25,753	23,135	21,575	26,635
Cash & Equivalents	5,752	5,693	3,671	1,977	2,502	1,305
Accounts Receivable	6.92	16.75	1.62	26.47	12.32	63.76
Other Receivables	-	-	-	-	-	148.72
Other Current Assets	8.83	52.5	33.98	28.36	20.8	19.19
Trading Asset Securities	83.12	76.33	92.81	1,605	1,711	3,848
Total Assets	33,766	33,426	29,552	26,773	25,821	32,019
Long-Term Leases	45.12	41.36	37.79	17.21	14.68	12.52
Accrued Expenses	123	147.76	124.78	102.62	127.57	133.87
Current Unearned Revenue	685.39	587.55	316.31	482.19	165.65	280.99
Other Current Liabilities	11.4	4.84	5.81	10.29	508.51	486.34
Long-Term Unearned Revenue	115.83	115.83	115.83	37.95	75.8	195.07
Total Liabilities	980.74	897.34	600.51	650.26	892.21	1,109
Common Stock	26,683	26,683	26,683	26,683	26,683	26,683
Retained Earnings	6,103	5,846	2,269	-560.16	-1,754	4,228
Shareholders' Equity	32,785	32,529	28,952	26,123	24,929	30,910
Total Liabilities & Equity	33,766	33,426	29,552	26,773	25,821	32,019
Total Debt	45.12	41.36	37.79	17.21	14.68	12.52
Net Cash (Debt)	5,790	5,728	3,726	3,566	4,198	5,141
Net Cash (Debt) Growth	-5.08%	53.73%	4.51%	-15.06%	-18.34%	25.60%
Net Cash Per Share	2.17	2.15	1.40	1.34	1.57	1.93
Filing Date Shares Outstanding	2,668	2,668	2,668	2,668	2,668	2,668
Total Common Shares Outstanding	2,668	2,668	2,668	2,668	2,668	2,668
Book Value Per Share	12.29	12.19	10.85	9.79	9.34	11.58
Tangible Book Value	32,785	32,529	28,952	26,123	24,929	30,910
Tangible Book Value Per Share	12.29	12.19	10.85	9.79	9.34	11.58

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