Berger Paints Nigeria Plc (NGX: BERGER)

Berger Paints Nigeria Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	563.69	802.29	495.84	217.63	356.6	216.69
Short-Term Investments	387.7	257.12	359.75	317.61	267.37	209.21
Cash & Short-Term Investments	951.39	1,059	855.59	535.24	623.97	425.9
Cash Growth	20.18%	23.82%	59.85%	-14.22%	46.51%	-34.28%
Accounts Receivable	19.41	205.27	132.17	215.52	198.58	201.8
Other Receivables	25.88	2.07	30.15	8.96	17.34	15.31
Receivables	45.29	207.33	162.32	224.48	215.92	217.11
Inventory	2,562	2,148	1,367	1,167	702.29	812.05
Prepaid Expenses	43.48	67.69	48.29	19.27	26.73	12.31
Other Current Assets	223.56	222.15	212.43	100.79	190.14	306.24
Total Current Assets	3,826	3,705	2,645	2,046	1,759	1,774
Property, Plant & Equipment	2,901	2,874	2,813	3,008	3,160	3,248
Other Intangible Assets	38.39	17.6	27.83	36.15	52.58	44.91
Other Long-Term Assets	34.14	-	42.05	20.12	-	-
Total Assets	6,800	6,597	5,529	5,111	4,972	5,066
Accounts Payable	1,014	1,419	681.28	463.76	296.62	445.33
Accrued Expenses	464.36	-	183.07	271.52	249.39	228.94
Short-Term Debt	22.4	-	-	-	-	0.73
Current Portion of Long-Term Debt	-	22.4	25.13	89.82	88.92	110.78
Current Portion of Leases	-	-	-	47.68	60.31	59.61
Current Income Taxes Payable	159.83	184.33	14.76	8.62	30.84	72.03
Current Unearned Revenue	175.66	58.07	243.77	163.09	152.57	122.86
Other Current Liabilities	458.76	382.28	542.19	394.57	450.23	425.45
Total Current Liabilities	2,295	2,066	1,690	1,439	1,329	1,466
Long-Term Debt	309.77	322.82	-	7.88	79.98	158.89
Long-Term Leases	-	-	-	-	57.44	65.34
Long-Term Unearned Revenue	153.8	166.14	59.01	109.3	68.71	71.16
Long-Term Deferred Tax Liabilities	533.75	533.75	455.88	323.73	289.9	231.95
Total Liabilities	3,292	3,089	2,205	1,880	1,825	1,993
Common Stock	144.91	144.91	144.91	144.91	144.91	144.91
Additional Paid-In Capital	635.07	635.07	635.07	635.07	635.07	635.07
Retained Earnings	2,727	2,728	2,543	2,451	2,367	2,293
Shareholders' Equity	3,507	3,508	3,323	3,231	3,147	3,073
Total Liabilities & Equity	6,800	6,597	5,529	5,111	4,972	5,066
Total Debt	332.17	345.22	25.13	145.37	286.65	395.34
Net Cash (Debt)	619.22	714.19	830.45	389.86	337.32	30.56
Net Cash Growth	-21.89%	-14.00%	113.01%	15.58%	1003.72%	-89.14%
Net Cash Per Share	2.14	2.46	2.87	1.35	1.16	0.11
Filing Date Shares Outstanding	289.82	289.82	289.82	289.82	289.82	289.82
Total Common Shares Outstanding	289.82	289.82	289.82	289.82	289.82	289.82
Working Capital	1,531	1,639	955.22	607.33	430.18	307.88
Book Value Per Share	12.10	12.10	11.47	11.15	10.86	10.60
Tangible Book Value	3,469	3,490	3,296	3,195	3,094	3,028
Tangible Book Value Per Share	11.97	12.04	11.37	11.02	10.68	10.45
Land	390	390	390	390	390	390
Buildings	1,445	1,313	1,313	1,310	1,304	1,292
Machinery	2,267	2,060	1,968	1,926	1,933	1,854
Construction In Progress	-	134.15	-	-	-	-

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