NGX:UPDCREIT Balance Sheet

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	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	2020 - 2016
Property, Plant & Equipment	28,250	27,587	25,753	23,135	21,575	Upgrade
Cash & Equivalents	5,778	5,693	3,671	1,977	2,502	Upgrade
Accounts Receivable	28.71	16.75	1.62	26.47	12.32	Upgrade
Other Current Assets	37.04	52.5	33.98	28.36	20.8	Upgrade
Trading Asset Securities	84.25	76.33	92.81	1,605	1,711	Upgrade
Total Assets	34,178	33,426	29,552	26,773	25,821	Upgrade
Long-Term Leases	46.47	41.36	37.79	17.21	14.68	Upgrade
Accrued Expenses	112.77	147.76	124.78	102.62	127.57	Upgrade
Current Unearned Revenue	550.64	587.55	316.31	482.19	165.65	Upgrade
Other Current Liabilities	9.05	4.84	5.81	10.29	508.51	Upgrade
Long-Term Unearned Revenue	115.83	115.83	115.83	37.95	75.8	Upgrade
Total Liabilities	834.77	897.34	600.51	650.26	892.21	Upgrade
Common Stock	26,683	26,683	26,683	26,683	26,683	Upgrade
Retained Earnings	6,661	5,846	2,269	-560.16	-1,754	Upgrade
Shareholders' Equity	33,344	32,529	28,952	26,123	24,929	Upgrade
Total Liabilities & Equity	34,178	33,426	29,552	26,773	25,821	Upgrade
Total Debt	46.47	41.36	37.79	17.21	14.68	Upgrade
Net Cash (Debt)	5,816	5,728	3,726	3,566	4,198	Upgrade
Net Cash (Debt) Growth	1.52%	53.73%	4.51%	-15.06%	-18.34%	Upgrade
Net Cash Per Share	2.18	2.15	1.40	1.34	1.57	Upgrade
Filing Date Shares Outstanding	2,668	2,668	2,668	2,668	2,668	Upgrade
Total Common Shares Outstanding	2,668	2,668	2,668	2,668	2,668	Upgrade
Book Value Per Share	12.50	12.19	10.85	9.79	9.34	Upgrade
Tangible Book Value	33,344	32,529	28,952	26,123	24,929	Upgrade
Tangible Book Value Per Share	12.50	12.19	10.85	9.79	9.34	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.