May & Baker Nigeria plc (NGX:MAYBAKER)

May & Baker Nigeria 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5,079	3,223	3,383	2,907	2,881	3,971
Cash & Short-Term Investments	5,079	3,223	3,383	2,907	2,881	3,971
Cash Growth	22.92%	-4.74%	16.39%	0.91%	-27.46%	648.51%
Accounts Receivable	1,971	1,428	844.17	905.67	1,050	1,288
Other Receivables	-	118.88	90.69	73.62	23.16	79.7
Receivables	1,971	1,461	968.01	966.43	1,080	1,368
Inventory	6,963	10,077	8,886	7,429	8,100	3,570
Prepaid Expenses	-	354.29	362.25	356.92	421.13	259.19
Other Current Assets	5,187	191.63	155.99	133.73	87.69	15.23
Total Current Assets	19,201	15,307	13,755	11,792	12,569	9,183
Property, Plant & Equipment	6,011	5,964	5,421	5,012	3,864	3,939
Long-Term Investments	1,163	1,171	1,199	1,142	1,167	1,201
Other Intangible Assets	12.33	13.23	7.29	11.32	21.84	30.47
Other Long-Term Assets	-0	0	0	-	-	-
Total Assets	26,387	22,456	20,382	17,957	17,622	14,353
Accounts Payable	3,929	4,515	2,050	1,140	466.78	343.3
Accrued Expenses	-	650.09	713.67	628.65	977.85	667.43
Short-Term Debt	5,124	3,268	4,388	2,514	3,297	1,259
Current Portion of Long-Term Debt	-	320.04	804.1	768.26	346.89	385.62
Current Income Taxes Payable	1,341	805.84	299.04	542.99	363.98	478.59
Current Unearned Revenue	239.96	83.46	157.6	151.72	196.84	130.37
Other Current Liabilities	-	352.87	384.47	372.69	425.72	556.09
Total Current Liabilities	10,633	9,995	8,797	6,118	6,075	3,820
Long-Term Debt	2,846	1,199	1,519	2,323	2,894	2,507
Long-Term Unearned Revenue	688.99	186.49	257.11	414.71	556.77	460.45
Long-Term Deferred Tax Liabilities	1,148	1,148	986.48	840.32	784.98	782.22
Other Long-Term Liabilities	-0	-0	-	0	0	0
Total Liabilities	15,348	12,563	11,593	9,733	10,351	7,614
Common Stock	862.62	862.62	862.62	862.62	862.62	862.62
Additional Paid-In Capital	3,012	3,012	3,012	3,012	3,012	3,012
Retained Earnings	6,756	5,610	4,507	3,941	2,989	2,457
Comprehensive Income & Other	408.15	408.14	408.14	408.14	408.14	408.14
Shareholders' Equity	11,039	9,893	8,790	8,224	7,272	6,740
Total Liabilities & Equity	26,387	22,456	20,382	17,957	17,622	14,353
Total Debt	7,970	4,788	6,712	5,605	6,537	4,151
Net Cash (Debt)	-2,890	-1,565	-3,328	-2,698	-3,656	-180.01
Net Cash Per Share	-1.68	-0.91	-1.93	-1.56	-2.12	-0.10
Filing Date Shares Outstanding	1,725	1,725	1,725	1,725	1,725	1,725
Total Common Shares Outstanding	1,725	1,725	1,725	1,725	1,725	1,725
Working Capital	8,568	5,312	4,958	5,675	6,494	5,363
Book Value Per Share	6.40	5.73	5.09	4.77	4.21	3.91
Tangible Book Value	11,027	9,880	8,782	8,213	7,250	6,709
Tangible Book Value Per Share	6.39	5.73	5.09	4.76	4.20	3.89
Land	-	334.67	334.67	334.67	334.67	334.67
Buildings	-	3,505	3,327	2,616	2,617	2,595
Machinery	-	7,614	6,499	5,470	5,164	4,901
Construction In Progress	-	81.57	129.87	1,121	161.32	77.67

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