FTN Cocoa Processors Plc (NGX:FTNCOCOA)

FTN Cocoa Processors Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	7.87	76.39	874.83	4.95	13.42	48.43
Cash & Short-Term Investments	7.87	76.39	874.83	4.95	13.42	48.43
Cash Growth	-97.77%	-91.27%	17587.63%	-63.15%	-72.29%	594.39%
Accounts Receivable	700.31	2,137	-	0	-	-
Other Receivables	4.36	36.85	25.92	29.59	34.9	30.05
Receivables	704.67	2,174	25.92	29.59	34.9	30.05
Inventory	1,375	329.11	336.34	328.72	372.84	500.35
Prepaid Expenses	26.75	4.09	26.1	2.22	-	-
Total Current Assets	3,262	3,732	1,263	365.48	421.16	578.83
Property, Plant & Equipment	15,893	16,256	10,880	5,805	5,914	2,969
Long-Term Investments	0.3	0.3	0.3	0.3	0.3	0.3
Other Long-Term Assets	1,106	1,106	1,106	1,106	1,106	1,085
Total Assets	20,262	21,094	13,250	7,277	7,441	4,633
Accounts Payable	89.36	91.48	104.89	185.37	180.88	323.91
Accrued Expenses	187.63	191.15	205.54	137.75	83.64	111.49
Short-Term Debt	-	-	1,736	76.59	76.59	76.59
Current Income Taxes Payable	91.75	103.38	65.93	67.3	66.99	66.26
Other Current Liabilities	133.32	110.64	196.2	474.41	463.23	288.57
Total Current Liabilities	502.06	496.65	2,308	941.42	871.32	866.82
Long-Term Debt	19,634	17,153	7,658	7,890	8,543	5,154
Total Liabilities	20,136	17,649	9,967	8,831	9,415	6,021
Common Stock	1,950	1,950	1,950	1,950	1,100	1,100
Additional Paid-In Capital	1,046	1,046	1,046	1,413	1,413	1,413
Retained Earnings	-17,136	-13,817	-8,461	-8,935	-8,504	-4,885
Comprehensive Income & Other	14,266	14,266	8,749	4,017	4,017	983.02
Shareholders' Equity	125.99	3,445	3,283	-1,555	-1,973	-1,389
Total Liabilities & Equity	20,262	21,094	13,250	7,277	7,441	4,633
Total Debt	19,634	17,153	9,394	7,966	8,620	5,231
Net Cash (Debt)	-19,626	-17,076	-8,519	-7,961	-8,607	-5,183
Net Cash Per Share	-5.01	-4.37	-2.18	-2.04	-2.21	-2.34
Filing Date Shares Outstanding	3,900	3,900	3,900	3,900	2,200	2,200
Total Common Shares Outstanding	3,900	3,900	3,900	3,900	2,200	2,200
Working Capital	2,760	3,236	-1,045	-575.95	-450.16	-288
Book Value Per Share	0.03	0.88	0.84	-0.40	-0.90	-0.63
Tangible Book Value	125.99	3,445	3,283	-1,555	-1,973	-1,389
Tangible Book Value Per Share	0.03	0.88	0.84	-0.40	-0.90	-0.63
Land	-	3,456	3,081	2,291	2,291	1,420
Machinery	-	14,569	9,678	5,401	5,374	3,565
Construction In Progress	-	1,212	753.42	631.45	655.15	293.7

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.