Transcorp Power 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
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
Cash & Equivalents	10,402	2,220	8,335	6,369	2,702
Accounts Receivable	508,685	435,613	265,036	113,984	73,868
Other Receivables	-	12,520	32,122	30,770	20,301
Inventory	4,295	3,433	2,368	1,761	4,314
Prepaid Expenses	-	219.14	173.22	119.79	217
Other Current Assets	-	20,041	1,057	331.63	172.31
Total Current Assets	523,382	474,045	309,091	153,336	101,575
Property, Plant & Equipment	53,235	54,496	60,609	57,980	54,703
Goodwill	9,701	9,701	9,701	9,701	9,701
Long-Term Investments	27,099	25,237	17,381	2,374	2,209
Total Assets	613,418	563,479	396,782	223,391	168,187
Accounts Payable	266,045	212,983	115,569	67,994	55,500
Accrued Expenses	-	10,222	16,482	3,929	4,201
Current Portion of Long-Term Debt	-	6,138	4,514	7,559	13,105
Current Income Taxes Payable	93,827	83,929	52,849	20,182	5,789
Other Current Liabilities	-0	38,788	40,396	26,913	16,606
Total Current Liabilities	359,872	352,060	229,809	126,577	95,200
Long-Term Debt	35,120	24,551	33,093	29,753	29,967
Long-Term Deferred Tax Liabilities	3,469	3,469	7,254	9,198	5,056
Total Liabilities	398,461	380,080	270,157	165,528	130,223
Common Stock	3,750	3,750	3,750	3,750	40.11
Additional Paid-In Capital	44,385	44,385	44,385	44,385	34,968
Retained Earnings	162,103	132,408	78,491	9,727	2,956
Comprehensive Income & Other	4,718	2,856	-	-	-
Shareholders' Equity	214,956	183,399	126,626	57,862	37,964
Total Liabilities & Equity	613,418	563,479	396,782	223,391	168,187
Total Debt	35,120	30,689	37,607	37,312	43,072
Net Cash (Debt)	-24,717	-28,469	-29,272	-30,944	-40,370
Net Cash Per Share	-3.30	-3.80	-3.90	-94.41	-510.04
Filing Date Shares Outstanding	7,499	7,500	7,500	7,500	79.15
Total Common Shares Outstanding	7,499	7,500	7,500	7,500	79.15
Working Capital	163,510	121,985	79,282	26,759	6,375
Book Value Per Share	28.67	24.45	16.88	7.71	479.65
Tangible Book Value	205,255	173,698	116,924	48,161	28,263
Tangible Book Value Per Share	27.37	23.16	15.59	6.42	357.08
Land	-	842.46	842.46	842.46	800.96
Buildings	-	1,825	1,789	1,766	1,766
Machinery	-	89,732	87,489	80,389	75,697
Construction In Progress	-	2,617	6,930	6,522	3,221

Source: S&P Capital IQ. Utility template. Financial Sources.