BUA Foods PLC (NGX: BUAFOODS)

BUA Foods 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	60,971	100,125	32,163	30,339	25,683	7,228
Cash & Short-Term Investments	60,971	100,125	32,163	30,339	25,683	7,228
Cash Growth	-26.51%	211.30%	6.01%	18.13%	255.32%	43.55%
Accounts Receivable	1,041	1,656	538.35	1,741	986.06	2,060
Other Receivables	564,179	493,204	202,461	210,015	102,652	146,024
Receivables	565,221	494,860	202,999	211,756	103,638	148,084
Inventory	65,306	112,277	29,761	24,926	20,394	8,812
Prepaid Expenses	10,763	-	-	-	223.52	126.68
Other Current Assets	-	5,156	11,747	3,192	2.08	-
Total Current Assets	702,261	712,418	276,670	270,214	149,941	164,251
Property, Plant & Equipment	368,863	358,022	330,555	322,712	223,823	94,657
Other Long-Term Assets	-	-	-	543.9	555.96	-
Total Assets	1,071,124	1,070,440	607,225	593,470	374,320	258,908
Accounts Payable	18,620	7,981	4,025	3,859	4,160	1,997
Accrued Expenses	-	38,895	23,007	28,343	16,100	12,946
Short-Term Debt	8,938	649,056	210,635	241,037	125,434	89,656
Current Portion of Long-Term Debt	315,421	1,217	2,051	2,974	8,436	15,613
Current Portion of Leases	16.68	5.07	5.07	4,292	876	23.23
Current Income Taxes Payable	25,792	15,820	8,323	12,779	6,265	5,025
Current Unearned Revenue	221,801	69,020	47,188	40,931	25,287	1,937
Other Current Liabilities	87,878	2,600	11,293	6,143	4,094	9.74
Total Current Liabilities	678,466	784,594	306,528	340,358	190,651	127,207
Long-Term Debt	1,244	1,377	3,475	4,890	3,835	-
Long-Term Leases	100.82	32.65	32.68	33.61	2,802	14.28
Long-Term Unearned Revenue	70.21	70.21	206.67	-	-	-
Long-Term Deferred Tax Liabilities	26,795	22,307	33,777	15,225	13,838	3,039
Other Long-Term Liabilities	-	-	32,244	32,244	32,244	32,170
Total Liabilities	706,676	808,381	376,263	392,751	243,369	162,431
Common Stock	9,000	9,000	9,000	9,000	29.54	20
Retained Earnings	356,391	254,002	222,905	192,662	131,864	96,457
Comprehensive Income & Other	-943.23	-943.23	-943.23	-943.23	-943.23	-
Shareholders' Equity	364,448	262,059	230,961	200,719	130,951	96,477
Total Liabilities & Equity	1,071,124	1,070,440	607,225	593,470	374,320	258,908
Total Debt	325,720	651,688	216,200	253,226	141,382	105,307
Net Cash (Debt)	-264,749	-551,563	-184,036	-222,888	-115,699	-98,079
Net Cash Per Share	-14.71	-30.64	-10.22	-13.53	-6.44	-4903.93
Filing Date Shares Outstanding	18,000	18,000	18,000	18,000	20	20
Total Common Shares Outstanding	18,000	18,000	18,000	18,000	20	20
Working Capital	23,794	-72,176	-29,858	-70,145	-40,710	37,043
Book Value Per Share	20.25	14.56	12.83	11.15	6547.53	4823.87
Tangible Book Value	364,448	262,059	230,961	200,719	130,951	96,477
Tangible Book Value Per Share	20.25	14.56	12.83	11.15	6547.53	4823.87
Land	13,462	13,337	13,299	11,231	11,112	-
Buildings	-	-	-	-	-	7,673
Machinery	243,482	238,990	189,150	174,497	174,309	114,030
Construction In Progress	173,465	160,397	173,402	174,804	67,815	-

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