May & Baker Nigeria plc (NGX: MAYBAKER)

May & Baker Nigeria 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	2,750	3,383	2,907	2,881	3,971	530.58
Cash & Short-Term Investments	2,750	3,383	2,907	2,881	3,971	530.58
Cash Growth	-20.35%	16.39%	0.91%	-27.46%	648.51%	97.27%
Accounts Receivable	1,009	844.17	905.67	1,050	1,288	1,546
Other Receivables	166.49	90.69	73.62	23.16	79.7	65.11
Receivables	1,362	968.01	966.43	1,080	1,368	1,611
Inventory	9,652	8,886	7,429	8,100	3,570	1,727
Prepaid Expenses	141.24	362.25	356.92	421.13	259.19	193.6
Other Current Assets	142.17	155.99	133.73	87.69	15.23	-
Total Current Assets	14,048	13,755	11,792	12,569	9,183	4,062
Property, Plant & Equipment	5,969	5,421	5,012	3,864	3,939	4,166
Long-Term Investments	1,190	1,199	1,142	1,167	1,201	1,225
Other Intangible Assets	14.14	7.29	11.32	21.84	30.47	40.63
Other Long-Term Assets	-	0	-	-	-	-
Total Assets	21,221	20,382	17,957	17,622	14,353	9,493
Accounts Payable	2,652	2,050	1,140	466.78	343.3	887.5
Accrued Expenses	748.63	713.67	628.65	977.85	667.43	292.37
Short-Term Debt	3,335	4,388	2,514	3,297	1,259	429.58
Current Portion of Long-Term Debt	452.55	804.1	768.26	346.89	385.62	52.93
Current Income Taxes Payable	905.31	299.04	542.99	363.98	478.59	141.05
Current Unearned Revenue	100.68	157.6	151.72	196.84	130.37	-
Other Current Liabilities	372.68	384.47	372.69	425.72	556.09	457.82
Total Current Liabilities	8,567	8,797	6,118	6,075	3,820	2,261
Long-Term Debt	1,272	1,519	2,323	2,894	2,507	-
Long-Term Unearned Revenue	204.88	257.11	414.71	556.77	460.45	-
Long-Term Deferred Tax Liabilities	986.49	986.48	840.32	784.98	782.22	974.16
Other Long-Term Liabilities	-	-	0	0	0	-
Total Liabilities	11,061	11,593	9,733	10,351	7,614	3,285
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	5,877	4,507	3,941	2,989	2,457	1,926
Comprehensive Income & Other	408.14	408.14	408.14	408.14	408.14	408.14
Shareholders' Equity	10,160	8,790	8,224	7,272	6,740	6,209
Total Liabilities & Equity	21,221	20,382	17,957	17,622	14,353	9,493
Total Debt	5,060	6,712	5,605	6,537	4,151	482.51
Net Cash (Debt)	-2,309	-3,328	-2,698	-3,656	-180.01	48.07
Net Cash Per Share	-1.34	-1.93	-1.56	-2.12	-0.10	0.03
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	5,481	4,958	5,675	6,494	5,363	1,801
Book Value Per Share	5.89	5.09	4.77	4.21	3.91	3.60
Tangible Book Value	10,146	8,782	8,213	7,250	6,709	6,168
Tangible Book Value Per Share	5.88	5.09	4.76	4.20	3.89	3.58
Land	334.67	334.67	334.67	334.67	334.67	334.17
Buildings	3,475	3,327	2,616	2,617	2,595	2,539
Machinery	7,454	6,499	5,470	5,164	4,901	4,745
Construction In Progress	85.43	129.87	1,121	161.32	77.67	77.02

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