MRS Oil Nigeria Plc (NGX:MRS)

MRS Oil Nigeria 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	15,713	18,458	5,908	3,216	2,799	4,462
Cash & Short-Term Investments	15,713	18,458	5,908	3,216	2,799	4,462
Cash Growth	42.54%	212.44%	83.67%	14.92%	-37.28%	94.20%
Accounts Receivable	5,812	19,620	2,123	1,348	2,299	1,995
Other Receivables	20,532	7,571	7,741	9,500	8,980	8,760
Receivables	26,344	27,190	9,864	10,848	11,279	10,755
Inventory	41,828	25,734	7,631	3,302	3,296	3,831
Prepaid Expenses	533.84	317.59	188.67	149.12	56.42	111.09
Other Current Assets	67.63	57.49	10,927	7,195	4,230	1,665
Total Current Assets	84,487	71,757	34,518	24,710	21,660	20,825
Property, Plant & Equipment	36,856	33,872	20,085	15,816	15,545	15,834
Other Intangible Assets	124.44	144.68	227.8	0.01	0.03	0.3
Total Assets	121,468	105,773	54,831	40,526	37,205	36,659
Accounts Payable	37,465	51,285	6,999	3,128	2,066	2,028
Accrued Expenses	118.77	3,602	1,710	2,781	3,024	1,839
Short-Term Debt	-	986.3	2,402	1,789	3,991	5,311
Current Portion of Leases	15.85	503.45	472.57	420.68	408.74	-
Current Income Taxes Payable	4,226	2,917	1,920	918	363.52	262.27
Current Unearned Revenue	39,008	5,270	5,836	2,221	310.77	1,126
Other Current Liabilities	8,916	11,168	12,136	9,951	9,698	8,306
Total Current Liabilities	89,750	75,732	31,474	21,209	19,862	18,872
Long-Term Leases	649.03	119.12	82.15	103.58	100.64	653.73
Long-Term Deferred Tax Liabilities	848.22	1,431	511.57	480.66	-	221.05
Other Long-Term Liabilities	150.78	173.21	144.03	224.18	52.29	52.58
Total Liabilities	91,407	77,464	32,220	22,027	20,022	19,816
Common Stock	171.44	171.44	171.44	171.44	152.39	152.39
Retained Earnings	29,889	28,138	22,440	18,328	17,031	16,691
Shareholders' Equity	30,061	28,309	22,611	18,499	17,183	16,843
Total Liabilities & Equity	121,468	105,773	54,831	40,526	37,205	36,659
Total Debt	664.87	1,609	2,956	2,313	4,500	5,965
Net Cash (Debt)	15,048	16,849	2,951	903.68	-1,702	-1,503
Net Cash Growth	87.13%	470.91%	226.58%	-	-	-
Net Cash Per Share	43.89	49.14	8.61	2.64	-4.96	-4.38
Filing Date Shares Outstanding	342.88	342.88	342.88	342.88	342.89	342.89
Total Common Shares Outstanding	342.88	342.88	342.88	342.88	342.89	342.89
Working Capital	-5,263	-3,975	3,044	3,501	1,798	1,953
Book Value Per Share	87.67	82.56	65.94	53.95	50.11	49.12
Tangible Book Value	29,936	28,164	22,383	18,499	17,183	16,843
Tangible Book Value Per Share	87.31	82.14	65.28	53.95	50.11	49.12
Land	7,969	7,969	7,979	7,827	8,089	-
Buildings	9,726	9,711	7,043	6,499	6,692	6,787
Machinery	30,597	22,611	14,374	13,146	12,769	13,332
Construction In Progress	3,553	8,057	4,033	939.44	477.52	361.52

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