Vitafoam Nigeria Balance Sheet

Financials in millions NGN. Fiscal year is October - September.

Millions NGN. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	18,877	9,006	7,110	21,834	15,279	10,697
Cash & Short-Term Investments	18,877	9,006	7,110	21,834	15,279	10,697
Cash Growth	247.04%	26.66%	-67.44%	42.90%	42.83%	54.57%
Accounts Receivable	1,735	486.38	798.13	617.48	668.25	282.89
Other Receivables	2,501	3,792	3,292	507.68	464.68	477.6
Receivables	4,236	4,279	4,090	1,125	1,133	760.49
Inventory	20,656	26,925	20,543	15,061	14,197	8,625
Prepaid Expenses	691.5	303.14	246.83	233.8	196.57	193.46
Other Current Assets	8,671	7,211	3,009	3,810	2,041	4,710
Total Current Assets	53,130	47,724	34,999	42,064	32,846	24,986
Property, Plant & Equipment	16,057	16,077	16,121	7,198	6,468	6,716
Long-Term Investments	24.36	21.63	17.45	11.63	5.73	7.3
Other Intangible Assets	49.27	42.76	124.65	58.83	21.36	24.49
Long-Term Accounts Receivable	107.89	121.14	86.35	55.21	95.47	56.35
Long-Term Deferred Tax Assets	673.47	-	-	274.24	-	-
Total Assets	70,042	63,986	51,348	49,661	39,437	31,790
Accounts Payable	3,409	2,490	4,412	1,053	2,491	602.11
Accrued Expenses	2,036	1,062	1,162	287.02	167.63	235.93
Short-Term Debt	1,832	-	4,533	23,287	13,982	10,211
Current Portion of Long-Term Debt	3,102	7,527	5,942	-	-	932.12
Current Income Taxes Payable	8,139	6,771	912.18	2,651	2,760	2,497
Current Unearned Revenue	2,109	1,472	1,562	1,148	911.07	745.4
Other Current Liabilities	3,133	3,785	2,978	2,426	1,660	1,226
Total Current Liabilities	23,760	23,107	21,502	30,852	21,971	16,449
Long-Term Debt	1,023	1,855	3,513	51.34	166.73	652.41
Long-Term Leases	144.33	139.44	208.61	181.72	160.1	137.88
Long-Term Unearned Revenue	395.78	346.43	-	-	-	133.68
Pension & Post-Retirement Benefits	1,647	920.34	895.77	1,170	761.87	808.7
Long-Term Deferred Tax Liabilities	3,753	294.38	199.21	-	708.52	672.49
Other Long-Term Liabilities	-	0	-	-	-	-
Total Liabilities	30,724	26,662	26,318	32,255	23,768	18,854
Common Stock	625.42	625.42	625.42	625.42	625.42	625.42
Retained Earnings	30,065	26,115	14,074	15,430	13,751	11,333
Comprehensive Income & Other	6,100	8,480	8,871	188.81	286.22	195.83
Total Common Equity	36,791	35,220	23,570	16,245	14,662	12,155
Minority Interest	2,528	2,104	1,459	1,162	1,006	781.07
Shareholders' Equity	39,319	37,324	25,030	17,406	15,669	12,936
Total Liabilities & Equity	70,042	63,986	51,348	49,661	39,437	31,790
Total Debt	6,102	9,521	14,197	23,520	14,308	11,933
Net Cash (Debt)	12,775	-515.77	-7,087	-1,686	970.26	-1,236
Net Cash Per Share	8.51	-0.34	-4.72	-1.12	0.65	-0.82
Filing Date Shares Outstanding	1,503	1,501	1,501	1,501	1,501	1,501
Total Common Shares Outstanding	1,503	1,501	1,501	1,501	1,501	1,501
Working Capital	29,370	24,617	13,497	11,211	10,875	8,537
Book Value Per Share	24.48	23.46	15.70	10.82	9.77	8.10
Tangible Book Value	36,742	35,177	23,446	16,186	14,641	12,130
Tangible Book Value Per Share	24.45	23.44	15.62	10.78	9.75	8.08
Land	9,398	9,398	9,398	438.17	301.71	301.71
Buildings	6,647	6,864	6,994	6,060	5,790	5,807
Machinery	8,605	8,446	7,508	6,985	5,764	5,394

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.