CWG Plc (NGX: CWG)

CWG Plc 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	1,408	1,795	922.25	916.82	832.56	438.36
Cash & Short-Term Investments	1,408	1,795	922.25	916.82	832.56	438.36
Cash Growth	-12.61%	94.60%	0.59%	10.12%	89.93%	182.45%
Accounts Receivable	22,811	4,499	3,220	1,883	1,672	2,271
Other Receivables	39.23	679.99	2,162	-	17.16	198.43
Receivables	22,850	5,179	5,382	1,883	1,689	2,469
Inventory	12,159	2,623	1,269	584.24	585.51	773.95
Prepaid Expenses	877.34	467.95	1,277	154.85	617.53	638.23
Other Current Assets	24.18	6,610	4,772	4,231	3,640	3,139
Total Current Assets	37,319	16,675	13,622	7,770	7,365	7,459
Property, Plant & Equipment	978.17	729.7	599.44	541.15	519.66	628.45
Long-Term Investments	344.61	337.54	236.16	18.36	11.37	13.55
Other Intangible Assets	58.22	62.21	74.59	82.64	156.07	241.5
Long-Term Deferred Tax Assets	10.44	10.44	1.09	4.23	0.62	-
Other Long-Term Assets	-	0	-	-	-	-
Total Assets	38,710	17,815	14,533	8,417	8,052	8,342
Accounts Payable	7,741	5,084	4,711	2,571	3,039	3,337
Accrued Expenses	12,280	4,973	4,684	3,802	3,401	3,522
Short-Term Debt	4,400	2,404	1,845	151.37	264.79	409.13
Current Portion of Leases	32.17	8.7	19.74	54.37	32.97	67.84
Current Income Taxes Payable	700.96	428.33	225.48	179.37	130.85	99.34
Current Unearned Revenue	8,580	2,157	1,233	186.39	279.18	346.87
Other Current Liabilities	793.28	379.6	341.93	394.2	322.21	329.47
Total Current Liabilities	34,527	15,434	13,061	7,339	7,470	8,112
Long-Term Leases	-	-	-	20.11	20.11	35.98
Long-Term Deferred Tax Liabilities	137.99	137.99	-	-	2.1	2.78
Total Liabilities	34,665	15,572	13,061	7,359	7,492	8,150
Common Stock	1,262	1,262	1,262	1,262	1,262	1,262
Additional Paid-In Capital	-	-	-	-	1,853	1,853
Retained Earnings	2,064	798.7	323.61	-153.19	-2,456	-2,899
Comprensive Income & Other	718.8	182.53	-114.09	-51.53	-99.37	-24.51
Shareholders' Equity	4,045	2,244	1,472	1,058	560.21	191.92
Total Liabilities & Equity	38,710	17,815	14,533	8,417	8,052	8,342
Total Debt	4,432	2,412	1,865	225.85	317.88	512.95
Net Cash (Debt)	-3,024	-617.66	-942.93	690.97	514.68	-74.59
Net Cash Growth	-	-	-	34.25%	-	-
Net Cash Per Share	-1.20	-0.24	-0.37	0.27	0.20	-0.03
Filing Date Shares Outstanding	2,525	2,525	2,525	2,525	2,525	2,525
Total Common Shares Outstanding	2,525	2,525	2,525	2,525	2,525	2,525
Working Capital	2,791	1,242	560.65	431.41	-105.3	-652.83
Book Value Per Share	1.60	0.89	0.58	0.42	0.22	0.08
Tangible Book Value	3,987	2,181	1,397	975.05	404.14	-49.58
Tangible Book Value Per Share	1.58	0.86	0.55	0.39	0.16	-0.02
Land	111.4	111.4	111.4	111.4	111.4	111.4
Buildings	212.3	212.3	176.97	176.97	175.3	173.05
Machinery	2,446	2,305	2,054	1,844	1,798	1,926
Construction In Progress	216.97	20.59	-	-	-	4.46

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