Ikeja Hotel Plc (NGX:IKEJAHOTEL)

Ikeja Hotel Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	22,533	14,643	8,606	4,844	4,051
Trading Asset Securities	-	-	2,333	-	-
Cash & Short-Term Investments	22,533	14,643	10,938	4,844	4,051
Cash Growth	53.88%	33.87%	125.81%	19.57%	-28.38%
Accounts Receivable	2,180	1,027	863.6	1,083	631.08
Receivables	22,424	21,153	10,816	10,493	9,046
Inventory	252.68	251.45	223.61	402.04	136.84
Prepaid Expenses	231.83	215.45	123.4	56.48	29.61
Other Current Assets	1,157	817.76	748.68	610.89	551.33
Total Current Assets	46,598	37,081	22,850	16,406	13,815
Property, Plant & Equipment	22,895	22,662	6,995	22,955	23,185
Goodwill	-	-	-	4,453	4,453
Other Intangible Assets	15.23	17.46	18.33	34.48	99.55
Total Assets	69,508	59,760	29,864	43,848	41,553
Accounts Payable	939.72	976.11	781.6	785.21	731.63
Accrued Expenses	1,758	1,126	899.13	2,233	1,660
Current Income Taxes Payable	2,018	537.84	139.51	637.35	256.62
Current Unearned Revenue	21,951	18,912	8,743	8,242	7,222
Other Current Liabilities	617.54	338.83	936.12	1,143	1,140
Total Current Liabilities	27,285	21,891	11,499	13,040	11,010
Long-Term Debt	-	11,075	9,889	8,829	7,883
Long-Term Deferred Tax Liabilities	2,725	2,735	159.13	758.15	857.43
Other Long-Term Liabilities	12,405	-	-	4.25	4.25
Total Liabilities	42,825	36,174	22,081	23,086	20,737
Common Stock	1,081	1,081	1,039	1,039	1,039
Additional Paid-In Capital	1,433	1,433	1,381	1,381	1,381
Retained Earnings	10,403	7,367	5,552	6,413	6,269
Comprehensive Income & Other	13,826	13,826	1.83	3,122	3,122
Total Common Equity	26,742	23,706	7,974	11,955	11,811
Minority Interest	-59.1	-119.71	-190.9	8,806	9,005
Shareholders' Equity	26,683	23,587	7,783	20,762	20,816
Total Liabilities & Equity	69,508	59,760	29,864	43,848	41,553
Total Debt	-	11,075	9,889	8,829	7,883
Net Cash (Debt)	22,533	3,567	1,050	-3,985	-3,832
Net Cash Growth	531.62%	239.90%	-	-	-
Net Cash Per Share	10.42	1.65	0.50	-1.92	-1.84
Filing Date Shares Outstanding	2,162	2,162	2,079	2,079	2,079
Total Common Shares Outstanding	2,162	2,162	2,079	2,079	2,079
Working Capital	19,313	15,190	11,351	3,367	2,805
Book Value Per Share	12.37	10.96	3.84	5.75	5.68
Tangible Book Value	26,727	23,689	7,955	7,468	7,259
Tangible Book Value Per Share	12.36	10.96	3.83	3.59	3.49
Land	18,444	18,444	3,084	12,509	12,509
Buildings	5,249	5,048	4,828	5,829	5,766
Machinery	3,706	3,383	3,788	9,899	10,007
Construction In Progress	478.12	291.52	67.84	5,163	4,844

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