Meyer Plc (NGX:MEYER)

Meyer 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	1,816	1,576	1,521	1,326	1,395	2,389
Cash & Short-Term Investments	1,816	1,576	1,521	1,326	1,395	2,389
Cash Growth	18.06%	3.61%	14.72%	-4.96%	-41.58%	61.41%
Accounts Receivable	509.53	488.3	334.1	115.56	149.8	99.84
Other Receivables	3.86	3.33	0.74	4.93	0.64	1.45
Receivables	513.39	491.64	334.84	120.49	150.44	101.29
Inventory	366.41	379.39	194.12	134.39	89.85	95.15
Prepaid Expenses	3.31	3.81	8.32	7.04	4.09	2.75
Other Current Assets	38.51	37.71	52.86	27.52	39.74	71.67
Total Current Assets	2,737	2,489	2,112	1,616	1,680	2,660
Property, Plant & Equipment	335.97	332.97	340.48	322.91	337.81	386.56
Other Intangible Assets	18.12	18.55	-	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	5.96	5.5
Other Long-Term Assets	-	-	-0	-	-	-
Total Assets	3,091	2,840	2,452	1,939	2,023	3,052
Accounts Payable	245.03	288.78	230.29	153.88	213.96	157.39
Accrued Expenses	108.56	105.68	113.85	87.74	131.77	206.21
Short-Term Debt	-	-	-	-	1.81	1.81
Current Portion of Long-Term Debt	1.81	1.81	1.81	-	-	-
Current Portion of Leases	2.42	3.97	16.52	9.14	4.8	49.32
Current Income Taxes Payable	225.75	141.82	114.93	10.25	458.77	651.34
Current Unearned Revenue	-	-	-	-	-	0.81
Other Current Liabilities	465.02	422	254.62	187.02	130.7	190.47
Total Current Liabilities	1,049	964.06	732.02	448.03	941.81	1,257
Long-Term Debt	-	-	-	1.81	-	-
Long-Term Leases	-	-	5.78	9.14	-	-
Long-Term Deferred Tax Liabilities	22.89	22.89	4.53	4.53	-	-
Other Long-Term Liabilities	15.14	15.14	11.65	11.65	9.6	9.6
Total Liabilities	1,094	1,010	767.65	490.15	968.5	1,284
Common Stock	248.86	248.86	248.86	248.86	248.86	248.86
Additional Paid-In Capital	53.17	53.17	53.17	53.17	53.17	53.17
Retained Earnings	1,693	1,526	1,380	1,144	750.35	1,463
Total Common Equity	1,995	1,828	1,682	1,446	1,052	1,765
Minority Interest	2.44	2.45	2.44	2.44	2.44	2.45
Shareholders' Equity	1,997	1,830	1,684	1,448	1,055	1,768
Total Liabilities & Equity	3,091	2,840	2,452	1,939	2,023	3,052
Total Debt	4.23	5.78	24.11	20.09	6.61	51.13
Net Cash (Debt)	1,812	1,571	1,497	1,306	1,389	2,338
Net Cash Growth	19.32%	4.89%	14.64%	-5.95%	-40.59%	58.15%
Net Cash Per Share	3.57	3.16	3.01	2.62	2.89	4.70
Filing Date Shares Outstanding	497.73	497.73	497.73	497.73	497.73	497.73
Total Common Shares Outstanding	497.73	497.73	497.73	497.73	497.73	497.73
Working Capital	1,689	1,525	1,380	1,168	737.75	1,402
Book Value Per Share	4.01	3.67	3.38	2.91	2.11	3.55
Tangible Book Value	1,976	1,809	1,682	1,446	1,052	1,765
Tangible Book Value Per Share	3.97	3.64	3.38	2.91	2.11	3.55
Buildings	0.51	0.51	0.51	0.51	2.53	2.53
Machinery	504.38	491.51	474.97	431.02	428.89	399.49
Construction In Progress	248.89	248.89	248.89	252.29	244.55	246.08

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