Ikeja Hotel Plc (NGX: IKEJAHOTEL)

Ikeja Hotel 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	21,251	14,643	8,606	4,844	4,051	5,656
Trading Asset Securities	-	-	2,333	-	-	-
Cash & Short-Term Investments	21,251	14,643	10,938	4,844	4,051	5,656
Cash Growth	55.76%	33.87%	125.81%	19.57%	-28.38%	-10.11%
Accounts Receivable	1,292	1,027	863.6	1,083	631.08	1,251
Other Receivables	-	-	-	-	-	113.19
Receivables	21,418	21,153	10,816	10,493	9,046	8,116
Inventory	307.24	251.45	223.61	402.04	136.84	663.84
Prepaid Expenses	168.97	215.45	123.4	56.48	29.61	21.64
Other Current Assets	890.96	817.76	748.68	610.89	551.33	796.35
Total Current Assets	44,036	37,081	22,850	16,406	13,815	15,255
Property, Plant & Equipment	22,931	22,662	6,995	22,955	23,185	14,167
Goodwill	-	-	-	4,453	4,453	4,453
Other Intangible Assets	15.42	17.46	18.33	34.48	99.55	166.72
Other Long-Term Assets	-	-	-	-	-	4,630
Total Assets	66,982	59,760	29,864	43,848	41,553	38,671
Accounts Payable	721.84	976.11	781.6	785.21	731.63	811.61
Accrued Expenses	1,577	1,126	899.13	2,233	1,660	1,626
Current Income Taxes Payable	1,285	537.84	139.51	637.35	256.62	469.57
Current Unearned Revenue	22,365	18,912	8,743	8,242	7,222	5,573
Other Current Liabilities	518.76	338.83	936.12	1,143	1,140	1,454
Total Current Liabilities	26,467	21,891	11,499	13,040	11,010	9,935
Long-Term Debt	12,070	11,075	9,889	8,829	7,883	7,037
Long-Term Deferred Tax Liabilities	2,735	2,735	159.13	758.15	857.43	553.84
Other Long-Term Liabilities	0	-	-	4.25	4.25	4.25
Total Liabilities	41,748	36,174	22,081	23,086	20,737	19,300
Common Stock	1,081	1,081	1,039	1,039	1,039	1,039
Additional Paid-In Capital	1,433	1,433	1,381	1,381	1,381	1,381
Retained Earnings	8,977	7,367	5,552	6,413	6,269	12,330
Comprehensive Income & Other	13,826	13,826	1.83	3,122	3,122	-
Total Common Equity	25,316	23,706	7,974	11,955	11,811	14,750
Minority Interest	-82.05	-119.71	-190.9	8,806	9,005	4,621
Shareholders' Equity	25,234	23,587	7,783	20,762	20,816	19,371
Total Liabilities & Equity	66,982	59,760	29,864	43,848	41,553	38,671
Total Debt	12,070	11,075	9,889	8,829	7,883	7,037
Net Cash (Debt)	9,180	3,567	1,050	-3,985	-3,832	-1,380
Net Cash Growth	-32.71%	239.90%	-	-	-	-
Net Cash Per Share	4.13	1.65	0.50	-1.92	-1.84	-0.66
Filing Date Shares Outstanding	2,162	2,162	2,079	2,079	2,079	2,079
Total Common Shares Outstanding	2,162	2,162	2,079	2,079	2,079	2,079
Working Capital	17,569	15,190	11,351	3,367	2,805	5,320
Book Value Per Share	11.71	10.96	3.84	5.75	5.68	7.10
Tangible Book Value	25,301	23,689	7,955	7,468	7,259	10,131
Tangible Book Value Per Share	11.70	10.96	3.83	3.59	3.49	4.87
Land	18,444	18,444	3,084	12,509	12,509	3,441
Buildings	5,249	5,048	4,828	5,829	5,766	5,750
Machinery	3,630	3,383	3,788	9,899	10,007	9,797
Construction In Progress	472.5	291.52	67.84	5,163	4,844	4,216

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