Livestock Feeds Plc (NGX: LIVESTOCK)

Livestock Feeds 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	856.13	597.26	477.84	342.61	93.99	40
Short-Term Investments	-	17.28	17.28	17.28	20.67	20.67
Cash & Short-Term Investments	856.13	614.54	495.12	359.89	114.66	60.67
Cash Growth	542.03%	24.12%	37.57%	213.88%	88.98%	-56.18%
Accounts Receivable	109.26	135.32	57.85	42	31.9	105.28
Other Receivables	24.63	145.63	810.9	13.81	23.66	48.75
Receivables	133.9	280.96	868.75	55.81	55.56	154.03
Inventory	8,560	10,995	4,947	9,508	5,408	2,869
Prepaid Expenses	107.94	90.4	14.62	44.39	31.53	23.47
Other Current Assets	74.34	47.58	29.95	40.08	29.12	68.21
Total Current Assets	9,733	12,028	6,355	10,008	5,639	3,175
Property, Plant & Equipment	1,293	1,151	865.34	784.76	835.56	858.66
Other Intangible Assets	171.11	197.54	237.29	34.85	-	0.04
Total Assets	11,197	13,376	7,458	10,828	6,474	4,034
Accounts Payable	804.07	937.16	1,780	399.77	2,111	1,343
Accrued Expenses	4,028	547.33	250.86	298.23	207.06	78.95
Short-Term Debt	4,189	10,262	3,575	7,452	1,993	955.27
Current Income Taxes Payable	228.37	116.22	95.79	93.59	43.03	6.43
Current Unearned Revenue	-	-	4.97	-	-	50.11
Other Current Liabilities	60.42	63.79	70.82	39.59	47.09	31
Total Current Liabilities	9,310	11,926	5,777	8,283	4,401	2,464
Long-Term Deferred Tax Liabilities	-	-	-	42	-	-
Total Liabilities	9,310	11,926	5,777	8,325	4,401	2,464
Common Stock	1,500	1,500	1,500	1,500	1,500	1,500
Additional Paid-In Capital	693.34	693.34	693.34	693.34	693.34	693.34
Retained Earnings	-306.24	-743.11	-513.09	309.13	-120.57	-623.75
Shareholders' Equity	1,887	1,450	1,680	2,502	2,073	1,570
Total Liabilities & Equity	11,197	13,376	7,458	10,828	6,474	4,034
Total Debt	4,189	10,262	3,575	7,452	1,993	955.27
Net Cash (Debt)	-3,333	-9,647	-3,080	-7,092	-1,879	-894.6
Net Cash Per Share	-1.11	-3.22	-1.03	-2.36	-0.63	-0.30
Filing Date Shares Outstanding	3,000	3,000	3,000	3,000	3,000	3,000
Total Common Shares Outstanding	3,000	3,000	3,000	3,000	3,000	3,000
Working Capital	423.29	101.79	577.62	1,725	1,237	710.89
Book Value Per Share	0.63	0.48	0.56	0.83	0.69	0.52
Tangible Book Value	1,716	1,253	1,443	2,468	2,073	1,570
Tangible Book Value Per Share	0.57	0.42	0.48	0.82	0.69	0.52
Land	-	-	-	-	75	75
Buildings	310.3	287.31	277.64	275.1	321.69	316.84
Machinery	1,828	1,753	1,520	1,309	1,200	1,180
Construction In Progress	614.75	471.03	300.22	272.82	283.24	197.77

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