BUA Cement Plc (NGX: BUACEMENT)

BUA Cement 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	201,291	225,078	48,047	62,338	123,821	15,587
Cash & Short-Term Investments	201,291	225,078	48,047	62,338	123,821	15,587
Cash Growth	-7.39%	368.46%	-22.93%	-49.65%	694.40%	453.68%
Accounts Receivable	198.44	63.62	17.57	118.99	461.64	252.53
Other Receivables	2,025	3,305	16,548	4,776	75,316	16,996
Receivables	2,223	3,368	16,565	4,895	75,778	17,249
Inventory	171,851	123,103	82,586	40,502	31,505	27,202
Prepaid Expenses	-	-	-	-	747.47	1,227
Other Current Assets	97,703	47,697	50,573	36,464	6,783	897.26
Total Current Assets	473,069	399,246	197,770	144,199	238,634	62,161
Property, Plant & Equipment	960,297	803,619	669,102	578,965	523,383	393,483
Other Intangible Assets	13,357	12,822	7,139	5,343	4,285	2,782
Long-Term Deferred Tax Assets	-	-	-	-	-	12,141
Total Assets	1,446,722	1,215,686	874,012	728,507	766,303	470,567
Accounts Payable	177,842	54,029	52,580	3,480	3,852	18,860
Accrued Expenses	31,247	15,488	4,125	18,866	50,728	15,308
Short-Term Debt	62,585	137,918	-	-	105,649	21,424
Current Portion of Long-Term Debt	27,743	35,889	80,695	39,810	-	-
Current Portion of Leases	55.73	73.87	55.79	-	-	41.68
Current Income Taxes Payable	14,772	13,564	2,170	1,697	922.43	813.72
Current Unearned Revenue	48,737	105,978	93,077	79,497	43,039	32,875
Other Current Liabilities	57,341	14,097	24,858	2,004	3,910	7,141
Total Current Liabilities	420,323	377,038	257,561	145,355	208,100	96,462
Long-Term Debt	563,083	409,592	158,673	157,237	163,644	-
Long-Term Leases	-	-	-	39.6	37.32	6.68
Long-Term Unearned Revenue	1,996	1,996	2,811	3,721	4,632	-
Long-Term Deferred Tax Liabilities	18,450	13,783	29,697	12,606	1,120	7,492
Other Long-Term Liabilities	18,847	23,481	10,203	7,671	9,168	-
Total Liabilities	1,027,244	830,462	462,899	330,391	390,348	106,869
Common Stock	16,932	16,932	16,932	16,932	16,932	16,932
Retained Earnings	203,772	169,519	194,884	181,921	159,916	146,834
Comprensive Income & Other	198,773	198,773	199,296	199,264	199,107	199,931
Shareholders' Equity	419,478	385,224	411,113	398,117	375,955	363,697
Total Liabilities & Equity	1,446,722	1,215,686	874,012	728,507	766,303	470,567
Total Debt	653,466	583,474	239,424	197,087	269,330	21,472
Net Cash (Debt)	-452,175	-358,396	-191,378	-134,748	-145,509	-5,885
Net Cash Per Share	-13.35	-10.58	-5.65	-3.98	-4.30	-0.17
Filing Date Shares Outstanding	33,864	33,864	33,864	33,864	33,864	33,864
Total Common Shares Outstanding	33,864	33,864	33,864	33,864	33,864	33,864
Working Capital	52,746	22,209	-59,791	-1,156	30,534	-34,301
Book Value Per Share	12.39	11.38	12.14	11.76	11.10	10.74
Tangible Book Value	406,121	372,402	403,974	392,773	371,670	360,915
Tangible Book Value Per Share	11.99	11.00	11.93	11.60	10.98	10.66
Land	-	1,383	910	531.8	463.86	264.02
Buildings	-	61,371	61,262	59,400	59,290	59,024
Machinery	-	629,900	609,999	379,809	377,710	370,015
Construction In Progress	-	224,473	85,487	205,696	137,055	143.72

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