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	Mar '26 Mar 31, 2026	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	12,889	9,017	7,110	21,834	15,279	10,697
Cash & Short-Term Investments	12,889	9,017	7,110	21,834	15,279	10,697
Cash Growth	290.22%	26.82%	-67.44%	42.90%	42.83%	54.57%
Accounts Receivable	2,264	736.96	798.13	617.48	668.25	282.89
Other Receivables	3,258	969.65	487.54	507.68	464.68	477.6
Receivables	5,522	1,707	1,286	1,125	1,133	760.49
Inventory	23,197	31,037	23,072	15,061	14,197	8,625
Prepaid Expenses	682.25	303.79	246.83	233.8	196.57	193.46
Other Current Assets	7,574	6,035	3,284	3,810	2,041	4,710
Total Current Assets	49,864	48,099	34,999	42,064	32,846	24,986
Property, Plant & Equipment	15,960	16,091	16,121	7,198	6,468	6,716
Long-Term Investments	27.49	21.63	17.45	11.63	5.73	7.3
Other Intangible Assets	44.93	42.82	124.65	58.83	21.36	24.49
Long-Term Accounts Receivable	190.79	121.14	86.35	55.21	95.47	56.35
Long-Term Deferred Tax Assets	642.15	899.29	862.49	274.24	-	-
Total Assets	66,729	65,275	52,211	49,661	39,437	31,790
Accounts Payable	4,130	2,505	4,412	1,053	2,491	602.11
Accrued Expenses	1,912	724.4	781.25	287.02	167.63	235.93
Short-Term Debt	-	2,266	4,533	23,287	13,982	10,211
Current Portion of Long-Term Debt	2,311	4,650	5,942	-	-	932.12
Current Income Taxes Payable	5,604	5,793	1,293	2,651	2,760	2,497
Current Unearned Revenue	1,606	1,481	1,562	1,148	911.07	745.4
Other Current Liabilities	4,333	4,163	2,978	2,426	1,660	1,226
Total Current Liabilities	19,896	21,582	21,502	30,852	21,971	16,449
Long-Term Debt	979.19	2,387	3,513	51.34	166.73	652.41
Long-Term Leases	149.4	139.44	208.61	181.72	160.1	137.88
Long-Term Unearned Revenue	162.62	223.32	-	-	-	133.68
Pension & Post-Retirement Benefits	1,747	1,637	895.77	1,170	761.87	808.7
Long-Term Deferred Tax Liabilities	3,753	3,753	1,062	-	708.52	672.49
Total Liabilities	26,687	29,721	27,181	32,255	23,768	18,854
Common Stock	625.42	625.42	625.42	625.42	625.42	625.42
Retained Earnings	30,994	25,870	14,074	15,430	13,751	11,333
Comprehensive Income & Other	6,039	6,918	8,871	188.81	286.22	195.83
Total Common Equity	37,658	33,413	23,570	16,245	14,662	12,155
Minority Interest	2,384	2,141	1,459	1,162	1,006	781.07
Shareholders' Equity	40,043	35,554	25,030	17,406	15,669	12,936
Total Liabilities & Equity	66,729	65,275	52,211	49,661	39,437	31,790
Total Debt	3,440	9,442	14,197	23,520	14,308	11,933
Net Cash (Debt)	9,449	-425.06	-7,087	-1,686	970.26	-1,236
Net Cash Per Share	6.87	-0.28	-4.72	-1.12	0.65	-0.82
Filing Date Shares Outstanding	1,250	1,501	1,501	1,501	1,501	1,501
Total Common Shares Outstanding	1,250	1,501	1,501	1,501	1,501	1,501
Working Capital	29,969	26,517	13,497	11,211	10,875	8,537
Book Value Per Share	30.13	22.26	15.70	10.82	9.77	8.10
Tangible Book Value	37,613	33,371	23,446	16,186	14,641	12,130
Tangible Book Value Per Share	30.09	22.23	15.62	10.78	9.75	8.08
Land	9,398	9,398	9,398	438.17	301.71	301.71
Buildings	6,623	6,864	6,994	6,060	5,790	5,807
Machinery	8,783	8,462	7,508	6,985	5,764	5,394

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