CAVERTON Balance Sheet

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Cash & Equivalents	2,269	20,439	3,005	6,734	1,322	1,134	Upgrade
Short-Term Investments	-	490.14	484.37	450	-	-	Upgrade
Cash & Short-Term Investments	2,269	20,929	3,490	7,184	1,322	1,134	Upgrade
Cash Growth	403.76%	499.72%	-51.42%	443.40%	16.57%	-48.58%	Upgrade
Accounts Receivable	6,077	4,687	7,846	4,435	3,663	3,946	Upgrade
Other Receivables	1,453	2,517	1,665	1,172	933.03	680.36	Upgrade
Receivables	7,530	7,204	9,511	5,606	4,596	4,626	Upgrade
Inventory	9,292	9,292	9,140	8,730	6,498	5,648	Upgrade
Prepaid Expenses	103.39	21.17	1.77	234.45	2.59	2.05	Upgrade
Other Current Assets	8,617	10,098	19,850	18,532	12,689	11,846	Upgrade
Total Current Assets	27,811	47,545	41,992	40,287	25,107	23,257	Upgrade
Property, Plant & Equipment	19,811	25,487	26,077	32,769	35,966	36,163	Upgrade
Long-Term Investments	499.97	13.51	7.98	246.43	19.48	8.92	Upgrade
Goodwill	6,027	6,027	6,027	6,027	6,027	6,027	Upgrade
Other Intangible Assets	35.48	90.46	161.48	233.3	3.49	-	Upgrade
Long-Term Deferred Tax Assets	-	155.58	190.52	237.5	391.44	384.15	Upgrade
Total Assets	54,191	79,318	74,456	79,800	67,515	65,840	Upgrade
Accounts Payable	47,347	13,005	9,477	15,942	10,333	11,565	Upgrade
Accrued Expenses	-	6,436	4,857	223.11	378.94	352.52	Upgrade
Short-Term Debt	709.17	1,178	1,768	-	-	-	Upgrade
Current Portion of Long-Term Debt	26,510	17,509	15,576	18,011	11,106	1,486	Upgrade
Current Portion of Leases	4,002	5,321	4,622	2,932	2,633	1,651	Upgrade
Current Income Taxes Payable	-	1,144	1,009	942.01	773.78	1,971	Upgrade
Current Unearned Revenue	-	47.53	256.25	949.98	1,313	2,477	Upgrade
Other Current Liabilities	-2,692	5,385	3,871	4,100	2,808	2,684	Upgrade
Total Current Liabilities	75,877	50,026	41,436	43,100	29,346	22,188	Upgrade
Long-Term Debt	23,187	20,818	14,699	14,511	9,313	9,768	Upgrade
Long-Term Leases	5,306	9,143	6,053	4,881	5,309	10,404	Upgrade
Long-Term Unearned Revenue	-	79.21	122.78	-	-	-	Upgrade
Long-Term Deferred Tax Liabilities	-138.75	-	-	-	1,583	2,000	Upgrade
Other Long-Term Liabilities	-	-	-0	-	-	-	Upgrade
Total Liabilities	104,230	80,066	62,311	62,493	45,551	44,360	Upgrade
Common Stock	1,675	1,675	1,675	1,675	1,675	1,675	Upgrade
Additional Paid-In Capital	6,617	6,617	6,617	6,617	6,617	6,617	Upgrade
Retained Earnings	-59,350	-8,927	3,727	8,854	13,493	12,990	Upgrade
Comprehensive Income & Other	1,454	-93.32	52.08	48.75	26.16	51.65	Upgrade
Total Common Equity	-49,604	-728.49	12,071	17,195	21,811	21,334	Upgrade
Minority Interest	-435.17	-19.14	74.16	111.91	152.09	146.85	Upgrade
Shareholders' Equity	-50,039	-747.64	12,145	17,307	21,963	21,481	Upgrade
Total Liabilities & Equity	54,191	79,318	74,456	79,800	67,515	65,840	Upgrade
Total Debt	59,714	53,969	42,719	40,336	28,362	23,309	Upgrade
Net Cash (Debt)	-57,445	-33,040	-39,229	-33,152	-27,040	-22,175	Upgrade
Net Cash Per Share	-17.15	-9.86	-11.71	-9.89	-8.07	-6.62	Upgrade
Filing Date Shares Outstanding	3,351	3,351	3,351	3,351	3,351	3,351	Upgrade
Total Common Shares Outstanding	3,351	3,351	3,351	3,351	3,351	3,351	Upgrade
Working Capital	-48,066	-2,481	556.46	-2,814	-4,239	1,069	Upgrade
Book Value Per Share	-14.80	-0.22	3.60	5.13	6.51	6.37	Upgrade
Tangible Book Value	-55,666	-6,846	5,883	10,935	15,781	15,307	Upgrade
Tangible Book Value Per Share	-16.61	-2.04	1.76	3.26	4.71	4.57	Upgrade
Land	6,006	6,006	6,006	5,471	5,471	5,471	Upgrade
Buildings	7,116	7,116	7,116	4,097	3,663	3,663	Upgrade
Machinery	10,599	9,733	14,167	18,579	21,413	21,415	Upgrade
Construction In Progress	4,869	4,576	-	11,419	11,409	9,721	Upgrade

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