MRS Oil Nigeria Plc (NGX: MRS)

MRS Oil Nigeria Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3,183	5,908	3,216	2,799	4,462	2,298
Cash & Short-Term Investments	3,183	5,908	3,216	2,799	4,462	2,298
Cash Growth	-62.03%	83.67%	14.92%	-37.28%	94.20%	9.72%
Accounts Receivable	9,036	2,123	1,348	2,299	1,995	3,214
Other Receivables	7,902	7,741	9,500	8,980	8,760	12,926
Receivables	16,939	9,864	10,848	11,279	10,755	16,311
Inventory	9,348	7,631	3,302	3,296	3,831	6,180
Prepaid Expenses	624.69	188.67	149.12	56.42	111.09	118.6
Other Current Assets	5,642	10,927	7,195	4,230	1,665	1,944
Total Current Assets	35,737	34,518	24,710	21,660	20,825	26,852
Property, Plant & Equipment	30,663	20,085	15,816	15,545	15,834	17,355
Other Intangible Assets	165.11	227.8	0.01	0.03	0.3	2.36
Other Long-Term Assets	0	-	-	-	-	-
Total Assets	66,565	54,831	40,526	37,205	36,659	44,210
Accounts Payable	3,734	6,999	3,128	2,066	2,028	3,036
Accrued Expenses	719.73	1,710	2,781	3,024	1,839	905.44
Short-Term Debt	-	2,402	1,789	3,991	5,311	10,258
Current Portion of Leases	475.92	472.57	420.68	408.74	-	-
Current Income Taxes Payable	3,421	1,920	918	363.52	262.27	483.44
Current Unearned Revenue	352.72	5,836	2,221	310.77	1,126	1,629
Other Current Liabilities	28,555	12,136	9,951	9,698	8,306	7,372
Total Current Liabilities	37,259	31,474	21,209	19,862	18,872	23,684
Long-Term Leases	125.12	82.15	103.58	100.64	653.73	632.54
Long-Term Deferred Tax Liabilities	966.45	511.57	480.66	-	221.05	712.35
Other Long-Term Liabilities	166.34	144.03	224.18	52.29	52.58	56.32
Total Liabilities	38,528	32,220	22,027	20,022	19,816	25,102
Common Stock	171.44	171.44	171.44	152.39	152.39	152.39
Retained Earnings	27,865	22,440	18,328	17,031	16,691	18,955
Comprehensive Income & Other	0	-	-	-	-	-
Shareholders' Equity	28,037	22,611	18,499	17,183	16,843	19,108
Total Liabilities & Equity	66,565	54,831	40,526	37,205	36,659	44,210
Total Debt	601.04	2,956	2,313	4,500	5,965	10,891
Net Cash (Debt)	2,582	2,951	903.68	-1,702	-1,503	-8,593
Net Cash Growth	-56.83%	226.58%	-	-	-	-
Net Cash Per Share	7.53	8.61	2.64	-4.96	-4.38	-25.06
Filing Date Shares Outstanding	342.88	342.88	342.88	342.89	342.89	342.89
Total Common Shares Outstanding	342.88	342.88	342.88	342.89	342.89	342.89
Working Capital	-1,522	3,044	3,501	1,798	1,953	3,167
Book Value Per Share	81.77	65.94	53.95	50.11	49.12	55.73
Tangible Book Value	27,872	22,383	18,499	17,183	16,843	19,105
Tangible Book Value Per Share	81.29	65.28	53.95	50.11	49.12	55.72
Land	8,123	7,979	7,827	8,089	-	-
Buildings	9,490	7,043	6,499	6,692	6,787	6,695
Machinery	19,823	14,374	13,146	12,769	13,332	13,217
Construction In Progress	7,379	4,033	939.44	477.52	361.52	487.8

Source: S&P Capital IQ. Standard template. Financial Sources.