Meyer Plc (NGX:MEYER)

Meyer Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,576	1,521	1,326	1,395	2,389
Cash & Short-Term Investments	1,576	1,521	1,326	1,395	2,389
Cash Growth	3.58%	14.72%	-4.96%	-41.58%	61.41%
Accounts Receivable	551.1	334.1	115.56	149.8	99.84
Other Receivables	9.49	0.74	4.93	0.64	1.45
Receivables	560.59	334.84	120.49	150.44	101.29
Inventory	367.47	194.12	134.39	89.85	95.15
Prepaid Expenses	3.81	8.32	7.04	4.09	2.75
Other Current Assets	-31.32	52.86	27.52	39.74	71.67
Total Current Assets	2,476	2,112	1,616	1,680	2,660
Property, Plant & Equipment	332.95	340.48	322.91	337.81	386.56
Other Intangible Assets	13.37	-	-	-	-
Long-Term Deferred Tax Assets	-	-	-	5.96	5.5
Other Long-Term Assets	-	-0	-	-	-
Total Assets	2,823	2,452	1,939	2,023	3,052
Accounts Payable	240.31	230.29	153.88	213.96	157.39
Accrued Expenses	272.01	113.85	87.74	131.77	206.21
Short-Term Debt	1.81	-	-	1.81	1.81
Current Portion of Long-Term Debt	-	1.81	-	-	-
Current Portion of Leases	3.97	16.52	9.14	4.8	49.32
Current Income Taxes Payable	161.48	114.93	10.25	458.77	651.34
Current Unearned Revenue	-	-	-	-	0.81
Other Current Liabilities	271.3	254.62	187.02	130.7	190.47
Total Current Liabilities	950.88	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	4.53	4.53	4.53	-	-
Other Long-Term Liabilities	11.65	11.65	11.65	9.6	9.6
Total Liabilities	974.91	767.65	490.15	968.5	1,284
Common Stock	248.86	248.86	248.86	248.86	248.86
Additional Paid-In Capital	53.17	53.17	53.17	53.17	53.17
Retained Earnings	1,543	1,380	1,144	750.35	1,463
Total Common Equity	1,845	1,682	1,446	1,052	1,765
Minority Interest	2.44	2.44	2.44	2.44	2.45
Shareholders' Equity	1,848	1,684	1,448	1,055	1,768
Total Liabilities & Equity	2,823	2,452	1,939	2,023	3,052
Total Debt	5.78	24.11	20.09	6.61	51.13
Net Cash (Debt)	1,570	1,497	1,306	1,389	2,338
Net Cash Growth	4.86%	14.64%	-5.95%	-40.59%	58.15%
Net Cash Per Share	3.15	2.98	2.62	2.89	4.70
Filing Date Shares Outstanding	497.73	497.73	497.73	497.73	497.73
Total Common Shares Outstanding	497.73	497.73	497.73	497.73	497.73
Working Capital	1,526	1,380	1,168	737.75	1,402
Book Value Per Share	3.71	3.38	2.91	2.11	3.55
Tangible Book Value	1,832	1,682	1,446	1,052	1,765
Tangible Book Value Per Share	3.68	3.38	2.91	2.11	3.55
Buildings	-	-	0.51	2.53	2.53
Machinery	-	-	431.02	428.89	399.49
Construction In Progress	-	-	252.29	244.55	246.08

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