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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,914	76.39	874.83	4.95	13.42	48.43
Cash & Short-Term Investments	1,914	76.39	874.83	4.95	13.42	48.43
Cash Growth	3725.50%	-91.27%	17587.63%	-63.15%	-72.29%	594.39%
Accounts Receivable	236.96	2,137	-	0	-	-
Other Receivables	4.54	36.85	25.92	29.59	34.9	30.05
Receivables	241.5	2,174	25.92	29.59	34.9	30.05
Inventory	1,445	329.11	336.34	328.72	372.84	500.35
Prepaid Expenses	11.5	4.09	26.1	2.22	-	-
Total Current Assets	4,761	3,732	1,263	365.48	421.16	578.83
Property, Plant & Equipment	15,693	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	21,560	21,094	13,250	7,277	7,441	4,633
Accounts Payable	92.85	91.48	104.89	185.37	180.88	323.91
Accrued Expenses	187.52	191.15	205.54	137.75	83.64	111.49
Short-Term Debt	-	-	1,736	76.59	76.59	76.59
Current Portion of Long-Term Debt	1,900	-	-	-	-	-
Current Income Taxes Payable	91.75	103.38	65.93	67.3	66.99	66.26
Other Current Liabilities	127.16	110.64	196.2	474.41	463.23	288.57
Total Current Liabilities	2,399	496.65	2,308	941.42	871.32	866.82
Long-Term Debt	19,269	17,153	7,658	7,890	8,543	5,154
Total Liabilities	21,668	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	-27,298	-13,817	-8,461	-8,935	-8,504	-4,885
Comprehensive Income & Other	24,194	14,266	8,749	4,017	4,017	983.02
Shareholders' Equity	-108.32	3,445	3,283	-1,555	-1,973	-1,389
Total Liabilities & Equity	21,560	21,094	13,250	7,277	7,441	4,633
Total Debt	21,169	17,153	9,394	7,966	8,620	5,231
Net Cash (Debt)	-19,255	-17,076	-8,519	-7,961	-8,607	-5,183
Net Cash Per Share	-4.97	-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	2,361	3,236	-1,045	-575.95	-450.16	-288
Book Value Per Share	-2.57	0.88	0.84	-0.40	-0.90	-0.63
Tangible Book Value	-108.32	3,445	3,283	-1,555	-1,973	-1,389
Tangible Book Value Per Share	-2.57	0.88	0.84	-0.40	-0.90	-0.63
Land	3,457	3,456	3,081	2,291	2,291	1,420
Machinery	14,609	14,569	9,678	5,401	5,374	3,565
Construction In Progress	1,212	1,212	753.42	631.45	655.15	293.7

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