Lafarge Africa 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	Mar '26 Mar 31, 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	441,442	388,067	237,859	168,370	118,398	50,057
Cash & Short-Term Investments	441,442	388,067	237,859	168,370	118,398	50,057
Cash Growth	317.37%	63.15%	41.27%	42.21%	136.53%	-6.12%
Accounts Receivable	17,207	8,027	8,118	5,069	3,260	2,513
Other Receivables	-	9,143	1,063	2,058	3,105	4,831
Receivables	17,207	17,169	9,181	7,127	6,365	7,344
Inventory	110,637	112,117	104,192	54,341	53,043	45,010
Restricted Cash	-	18,277	33,520	-	-	-
Other Current Assets	109,644	23,872	29,252	9,222	18,473	34,164
Total Current Assets	678,930	559,503	414,003	239,059	196,279	136,575
Property, Plant & Equipment	526,623	448,580	409,761	360,219	339,727	338,722
Other Intangible Assets	1,695	1,626	1,667	1,743	1,822	713.75
Long-Term Deferred Tax Assets	-	-	-	-	2,031	15,292
Other Long-Term Assets	165,372	198,315	165,079	80,350	60,852	35,535
Total Assets	1,372,620	1,208,024	990,510	681,372	600,711	526,838
Accounts Payable	159,994	86,234	102,032	47,916	26,799	17,818
Accrued Expenses	-	34,522	16,994	16,668	11,271	9,239
Short-Term Debt	382.95	-	-	23,554	32,461	17,005
Current Portion of Long-Term Debt	-	-	210.75	955.58	1,145	1,180
Current Portion of Leases	-	940.38	1,474	481.54	1,457	2,620
Current Income Taxes Payable	185,999	132,313	11,433	5,660	3,888	3,825
Current Unearned Revenue	132,823	115,947	212,461	75,145	46,282	43,688
Other Current Liabilities	2,447	47,406	52,497	38,583	45,081	35,678
Total Current Liabilities	481,646	417,363	397,102	208,963	168,383	131,053
Long-Term Debt	1,104	-	-	126.67	1,000	2,089
Long-Term Leases	-	367.59	529.64	1,127	529.9	393.29
Long-Term Unearned Revenue	-	-	-	872.97	1,095	1,357
Pension & Post-Retirement Benefits	3,995	3,075	2,591	2,194	2,411	2,166
Long-Term Deferred Tax Liabilities	75,824	77,012	71,131	30,176	8,472	9,117
Other Long-Term Liabilities	18,101	16,211	14,515	2,859	2,718	2,104
Total Liabilities	580,669	514,029	485,869	246,320	184,609	148,278
Common Stock	8,054	8,054	8,054	8,054	8,054	8,054
Additional Paid-In Capital	435,149	435,149	435,149	435,149	435,149	435,149
Retained Earnings	602,876	504,922	315,567	245,978	227,028	189,487
Comprehensive Income & Other	-254,129	-254,129	-254,129	-254,129	-254,129	-254,129
Total Common Equity	791,950	693,996	504,641	435,052	416,102	378,561
Shareholders' Equity	791,950	693,996	504,641	435,052	416,102	378,561
Total Liabilities & Equity	1,372,620	1,208,024	990,510	681,372	600,711	526,838
Total Debt	1,487	1,308	2,214	26,245	36,593	23,287
Net Cash (Debt)	439,955	386,759	235,644	142,125	81,806	26,770
Net Cash Growth	323.59%	64.13%	65.80%	73.73%	205.59%	645.65%
Net Cash Per Share	27.31	24.01	14.63	8.82	5.08	1.66
Filing Date Shares Outstanding	16,111	16,108	16,108	16,108	16,108	16,108
Total Common Shares Outstanding	16,111	16,108	16,108	16,108	16,108	16,108
Working Capital	197,284	142,140	16,901	30,095	27,896	5,522
Book Value Per Share	49.16	43.08	31.33	27.01	25.83	23.50
Tangible Book Value	790,255	692,370	502,974	433,309	414,280	377,847
Tangible Book Value Per Share	49.05	42.98	31.23	26.90	25.72	23.46
Land	-	15,868	14,678	15,123	15,108	14,866
Buildings	-	152,262	146,427	122,148	118,308	116,321
Machinery	-	504,163	429,752	399,088	376,806	357,168
Construction In Progress	-	76,406	88,680	74,432	54,980	52,926

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