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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,847	1,576	1,521	1,326	1,395	2,389
Cash & Short-Term Investments	1,847	1,576	1,521	1,326	1,395	2,389
Cash Growth	30.33%	3.61%	14.72%	-4.96%	-41.58%	61.41%
Accounts Receivable	348.31	488.3	334.1	115.56	149.8	99.84
Other Receivables	3.79	3.33	0.74	4.93	0.64	1.45
Receivables	352.1	491.64	334.84	120.49	150.44	101.29
Inventory	458.66	379.39	194.12	134.39	89.85	95.15
Prepaid Expenses	3.11	3.81	8.32	7.04	4.09	2.75
Other Current Assets	-31.19	37.71	52.86	27.52	39.74	71.67
Total Current Assets	2,630	2,489	2,112	1,616	1,680	2,660
Property, Plant & Equipment	347.12	332.97	340.48	322.91	337.81	386.56
Other Intangible Assets	17.09	18.55	-	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	5.96	5.5
Other Long-Term Assets	-	-	-0	-	-	-
Total Assets	2,994	2,840	2,452	1,939	2,023	3,052
Accounts Payable	155.53	288.78	230.29	153.88	213.96	157.39
Accrued Expenses	110.59	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	0.01	3.97	16.52	9.14	4.8	49.32
Current Income Taxes Payable	129.84	141.82	114.93	10.25	458.77	651.34
Current Unearned Revenue	-	-	-	-	-	0.81
Other Current Liabilities	612.03	422	254.62	187.02	130.7	190.47
Total Current Liabilities	1,010	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	1,055	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	1,634	1,526	1,380	1,144	750.35	1,463
Total Common Equity	1,936	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	1,938	1,830	1,684	1,448	1,055	1,768
Total Liabilities & Equity	2,994	2,840	2,452	1,939	2,023	3,052
Total Debt	1.82	5.78	24.11	20.09	6.61	51.13
Net Cash (Debt)	1,845	1,571	1,497	1,306	1,389	2,338
Net Cash Growth	31.63%	4.89%	14.64%	-5.95%	-40.59%	58.15%
Net Cash Per Share	3.74	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	1,620	1,525	1,380	1,168	737.75	1,402
Book Value Per Share	3.89	3.67	3.38	2.91	2.11	3.55
Tangible Book Value	1,919	1,809	1,682	1,446	1,052	1,765
Tangible Book Value Per Share	3.86	3.64	3.38	2.91	2.11	3.55
Buildings	-	0.51	0.51	0.51	2.53	2.53
Machinery	-	491.51	474.97	431.02	428.89	399.49
Construction In Progress	-	248.89	248.89	252.29	244.55	246.08

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