Med-View Airline Balance Sheet

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Dec '19 Dec 31, 2019	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015
Cash & Equivalents	1.03	1.03	-141.69	2,928	525.88	607.57
Cash & Short-Term Investments	1.03	1.03	-141.69	2,928	525.88	607.57
Cash Growth	-	-	-	456.81%	-13.45%	-
Accounts Receivable	185.3	185.3	155.45	2,473	1,259	1,159
Other Receivables	-	-	991.6	379.97	756.61	763.69
Receivables	185.3	185.3	1,147	2,853	2,015	1,923
Inventory	243.53	243.53	108.55	81.01	15.93	162.41
Other Current Assets	1,186	1,186	1,201	1,409	1,196	904.47
Total Current Assets	1,616	1,616	2,315	7,271	3,753	3,597
Property, Plant & Equipment	13,857	13,857	13,499	8,714	7,852	5,716
Long-Term Investments	-	-	-	-	32.59	32.59
Other Intangible Assets	1,550	1,550	1,658	1,766	1,890	2,020
Long-Term Deferred Tax Assets	-	-	-	-	61.54	46.36
Other Long-Term Assets	-	-	270.5	1,847	1,844	596.78
Total Assets	17,023	17,023	17,742	19,598	15,433	12,009
Accounts Payable	17,026	17,026	14,387	6,912	4,397	2,412
Current Portion of Long-Term Debt	852.71	852.71	1,278	452.02	967.3	1,678
Current Income Taxes Payable	-	-	331.31	307.15	230.48	168.12
Other Current Liabilities	-	-	4,459	3,648	3,092	1,905
Total Current Liabilities	17,879	17,879	20,455	11,319	8,686	6,163
Long-Term Debt	1,808	1,808	478.75	822.42	322.43	876.79
Long-Term Unearned Revenue	10.88	10.88	-	-	-	-
Long-Term Deferred Tax Liabilities	-	-	72.19	70.58	-	-
Other Long-Term Liabilities	-	-	0	-	-	-
Total Liabilities	19,698	19,698	21,006	12,212	9,009	7,040
Common Stock	4,875	4,875	4,875	4,875	4,875	3,900
Retained Earnings	-7,550	-7,550	-8,139	2,511	1,549	759.38
Comprensive Income & Other	-	-	-	-	-	309.97
Shareholders' Equity	-2,675	-2,675	-3,264	7,386	6,424	4,969
Total Liabilities & Equity	17,023	17,023	17,742	19,598	15,433	12,009
Total Debt	2,661	2,661	1,757	1,274	1,290	2,555
Net Cash (Debt)	-2,660	-2,660	-1,898	1,654	-763.86	-1,947
Net Cash Per Share	-0.22	-0.22	-0.19	0.17	-0.08	-0.20
Filing Date Shares Outstanding	11,019	11,019	9,751	9,751	9,751	7,800
Total Common Shares Outstanding	11,019	11,019	9,751	9,751	9,751	7,800
Working Capital	-16,263	-16,263	-18,140	-4,048	-4,933	-2,566
Book Value Per Share	-0.24	-0.24	-0.33	0.76	0.66	0.64
Tangible Book Value	-4,225	-4,225	-4,922	5,620	4,534	2,949
Tangible Book Value Per Share	-0.38	-0.38	-0.50	0.58	0.47	0.38
Land	356.18	356.18	356.17	356.17	271.29	271.29
Machinery	12,438	12,438	11,785	7,772	6,095	5,958
Construction In Progress	3,771	3,771	2,778	1,777	2,282	-

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