Honeywell Flour Mills Plc (NGX: HONYFLOUR)

Honeywell Flour Mills Balance Sheet

Financials in millions NGN. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	4,670	5,070	8,041	13,703	20,255	12,312
Cash & Short-Term Investments	4,670	5,070	8,041	13,703	20,255	12,312
Cash Growth	20.92%	-36.95%	-41.32%	-32.35%	64.51%	15.47%
Accounts Receivable	3,062	2,370	1,150	2,952	3,122	4,820
Other Receivables	-	30.52	107.96	336.86	123.38	188.67
Receivables	3,062	2,401	1,258	3,289	3,245	5,008
Inventory	42,542	52,497	32,056	31,726	19,780	17,526
Prepaid Expenses	2,683	880.44	3,258	2,532	237.73	1,223
Other Current Assets	25,172	6,287	34,473	198.04	2,418	821.76
Total Current Assets	78,129	67,135	79,087	51,448	45,937	36,891
Property, Plant & Equipment	78,790	81,739	85,750	97,062	101,321	105,327
Other Intangible Assets	64	92.16	162.54	186.32	136.83	43.02
Total Assets	156,983	148,966	165,000	148,696	147,395	142,261
Accounts Payable	12,222	48,096	19,985	2,552	1,651	2,339
Accrued Expenses	30,935	22,781	19,542	16,188	15,130	15,908
Short-Term Debt	-	-	-	-	-	2,957
Current Portion of Long-Term Debt	7,117	4,687	42,573	40,513	37,940	28,567
Current Portion of Leases	126	126.56	250	-	-	-
Current Income Taxes Payable	1,218	796.04	787.41	814.75	200.96	629.26
Current Unearned Revenue	984	11,623	6,127	-	-	-
Other Current Liabilities	45,141	668.25	881.17	8,151	7,018	3,240
Total Current Liabilities	97,743	88,779	90,146	68,218	61,941	53,640
Long-Term Debt	25,800	28,883	33,861	21,316	22,545	26,770
Long-Term Leases	701	730.02	574.62	-	-	-
Long-Term Unearned Revenue	1,837	2,229	3,343	-	-	-
Long-Term Deferred Tax Liabilities	5,343	5,343	3,822	13,715	4,941	4,691
Other Long-Term Liabilities	-	0	-	-	-	-
Total Liabilities	131,603	126,109	132,024	103,248	89,426	85,101
Common Stock	3,965	3,965	3,965	3,965	3,965	3,965
Additional Paid-In Capital	6,462	6,462	6,462	6,462	6,462	6,462
Retained Earnings	-4,435	-6,959	3,161	2,905	15,426	13,828
Comprehensive Income & Other	19,388	19,388	19,388	32,116	32,116	32,905
Shareholders' Equity	25,380	22,857	32,976	45,448	57,969	57,160
Total Liabilities & Equity	156,983	148,966	165,000	148,696	147,395	142,261
Total Debt	33,744	34,427	77,259	61,828	60,485	58,294
Net Cash (Debt)	-29,074	-29,357	-69,217	-48,125	-40,229	-45,982
Net Cash Per Share	-3.67	-3.70	-8.73	-6.07	-5.07	-5.80
Filing Date Shares Outstanding	7,930	7,930	7,930	7,930	7,930	7,930
Total Common Shares Outstanding	7,930	7,930	7,930	7,930	7,930	7,930
Working Capital	-19,614	-21,644	-11,059	-16,770	-16,004	-16,749
Book Value Per Share	3.20	2.88	4.16	5.73	7.31	7.21
Tangible Book Value	25,316	22,764	32,814	45,261	57,832	57,117
Tangible Book Value Per Share	3.19	2.87	4.14	5.71	7.29	7.20
Land	9,858	9,858	9,858	11,026	11,026	11,026
Buildings	30,202	30,096	29,643	42,056	41,938	41,568
Machinery	80,268	80,904	78,723	72,849	65,635	50,096
Construction In Progress	-	-	903.73	120.16	6,599	21,895

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