MRS Oil Nigeria Plc (NGX:MRS)

MRS Oil Nigeria 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	18,478	5,908	3,216	2,799	4,462
Cash & Short-Term Investments	18,478	5,908	3,216	2,799	4,462
Cash Growth	212.79%	83.67%	14.92%	-37.28%	94.20%
Accounts Receivable	19,842	2,123	1,348	2,299	1,995
Other Receivables	6,963	7,741	9,500	8,980	8,760
Receivables	26,805	9,864	10,848	11,279	10,755
Inventory	25,738	7,631	3,302	3,296	3,831
Prepaid Expenses	336.93	188.67	149.12	56.42	111.09
Other Current Assets	57.49	10,927	7,195	4,230	1,665
Total Current Assets	71,415	34,518	24,710	21,660	20,825
Property, Plant & Equipment	33,872	20,085	15,816	15,545	15,834
Other Intangible Assets	144.68	227.8	0.01	0.03	0.3
Total Assets	105,431	54,831	40,526	37,205	36,659
Accounts Payable	51,151	6,999	3,128	2,066	2,028
Accrued Expenses	3,596	1,710	2,781	3,024	1,839
Short-Term Debt	990.5	2,402	1,789	3,991	5,311
Current Portion of Leases	503.45	472.57	420.68	408.74	-
Current Income Taxes Payable	2,970	1,920	918	363.52	262.27
Current Unearned Revenue	5,129	5,836	2,221	310.77	1,126
Other Current Liabilities	11,168	12,136	9,951	9,698	8,306
Total Current Liabilities	75,508	31,474	21,209	19,862	18,872
Long-Term Leases	119.12	82.15	103.58	100.64	653.73
Long-Term Deferred Tax Liabilities	1,296	511.57	480.66	-	221.05
Other Long-Term Liabilities	173.21	144.03	224.18	52.29	52.58
Total Liabilities	77,109	32,220	22,027	20,022	19,816
Common Stock	171.44	171.44	171.44	152.39	152.39
Retained Earnings	28,151	22,440	18,328	17,031	16,691
Comprehensive Income & Other	0	-	-	-	-
Shareholders' Equity	28,323	22,611	18,499	17,183	16,843
Total Liabilities & Equity	105,431	54,831	40,526	37,205	36,659
Total Debt	1,613	2,956	2,313	4,500	5,965
Net Cash (Debt)	16,865	2,951	903.68	-1,702	-1,503
Net Cash Growth	471.46%	226.58%	-	-	-
Net Cash Per Share	49.19	8.61	2.64	-4.96	-4.38
Filing Date Shares Outstanding	342.88	342.88	342.88	342.89	342.89
Total Common Shares Outstanding	342.88	342.88	342.88	342.89	342.89
Working Capital	-4,093	3,044	3,501	1,798	1,953
Book Value Per Share	82.60	65.94	53.95	50.11	49.12
Tangible Book Value	28,178	22,383	18,499	17,183	16,843
Tangible Book Value Per Share	82.18	65.28	53.95	50.11	49.12
Land	7,969	7,979	7,827	8,089	-
Buildings	9,711	7,043	6,499	6,692	6,787
Machinery	22,611	14,374	13,146	12,769	13,332
Construction In Progress	8,057	4,033	939.44	477.52	361.52

Updated Jan 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.