NGX:MTNN Balance Sheet

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	303,677	253,377	345,074	349,500	260,891	275,198	Upgrade
Short-Term Investments	61,872	50,825	7,051	19,749	51,444	121,803	Upgrade
Trading Asset Securities	6,708	1,584	205	539	6,220	24,980	Upgrade
Cash & Short-Term Investments	372,257	305,786	352,330	369,788	318,555	421,981	Upgrade
Cash Growth	46.48%	-13.21%	-4.72%	16.08%	-24.51%	146.62%	Upgrade
Accounts Receivable	153,475	188,688	87,683	72,234	46,625	36,741	Upgrade
Other Receivables	130,834	125,561	111,425	102,379	39,007	9,407	Upgrade
Receivables	284,309	314,249	199,108	174,613	85,632	46,148	Upgrade
Inventory	7,239	6,971	6,027	3,678	5,310	2,158	Upgrade
Prepaid Expenses	54,467	53,464	16,306	16,883	41,600	4,618	Upgrade
Restricted Cash	93,129	107,023	394,409	196,082	146,188	47,913	Upgrade
Other Current Assets	6,160	3,843	7,601	-	-	-	Upgrade
Total Current Assets	817,561	791,336	975,781	761,044	597,285	522,818	Upgrade
Property, Plant & Equipment	2,907,824	2,630,884	1,573,937	1,403,836	1,387,925	1,281,902	Upgrade
Long-Term Investments	9,837	9,068	6,632	10,585	10,845	25,847	Upgrade
Goodwill	10,016	10,016	10,016	10,016	10,016	10,016	Upgrade
Other Intangible Assets	410,227	398,767	437,583	325,583	235,542	101,064	Upgrade
Long-Term Deferred Tax Assets	280,010	321,349	151,362	11,018	3,404	-	Upgrade
Long-Term Deferred Charges	9,568	9,344	7,136	6,602	5,602	7,990	Upgrade
Other Long-Term Assets	26,886	26,227	26,380	10,685	12,340	13,906	Upgrade
Total Assets	4,471,929	4,196,991	3,188,827	2,539,369	2,262,959	1,963,543	Upgrade
Accounts Payable	397,126	409,198	248,475	105,488	96,668	94,858	Upgrade
Accrued Expenses	753,774	689,585	360,271	381,003	322,148	191,508	Upgrade
Current Portion of Long-Term Debt	314,991	336,325	689,352	250,210	152,835	190,599	Upgrade
Current Portion of Leases	289,333	285,680	190,777	68,838	62,531	54,798	Upgrade
Current Income Taxes Payable	49,525	25,012	157,971	199,959	144,163	107,310	Upgrade
Current Unearned Revenue	114,692	117,272	102,796	92,861	72,336	62,301	Upgrade
Other Current Liabilities	99,433	125,246	143,777	74,807	55,187	42,538	Upgrade
Total Current Liabilities	2,018,874	1,988,318	1,893,419	1,173,166	905,868	743,912	Upgrade
Long-Term Debt	606,367	636,590	487,817	439,463	340,425	330,551	Upgrade
Long-Term Leases	2,137,838	1,997,744	813,634	591,178	628,325	586,992	Upgrade
Long-Term Deferred Tax Liabilities	-	-	1,149	57,573	108,087	113,130	Upgrade
Other Long-Term Liabilities	23,280	22,906	25,223	8,612	8,588	2,311	Upgrade
Total Liabilities	4,796,501	4,654,998	3,229,671	2,276,827	1,997,978	1,785,157	Upgrade
Common Stock	420	420	420	407	407	407	Upgrade
Additional Paid-In Capital	166,362	166,362	166,362	17,216	17,216	17,216	Upgrade
Retained Earnings	-474,062	-607,466	-208,018	246,679	246,473	160,524	Upgrade
Treasury Stock	-4,869	-4,869	-4,869	-4,869	-	-	Upgrade
Comprehensive Income & Other	-12,423	-12,454	701	1,664	885	239	Upgrade
Total Common Equity	-324,572	-458,007	-45,404	261,097	264,981	178,386	Upgrade
Minority Interest	-	-	4,560	1,445	-	-	Upgrade
Shareholders' Equity	-324,572	-458,007	-40,844	262,542	264,981	178,386	Upgrade
Total Liabilities & Equity	4,471,929	4,196,991	3,188,827	2,539,369	2,262,959	1,963,543	Upgrade
Total Debt	3,348,529	3,256,339	2,181,580	1,349,689	1,184,116	1,162,940	Upgrade
Net Cash (Debt)	-2,976,272	-2,950,553	-1,829,250	-979,901	-865,561	-740,959	Upgrade
Net Cash Per Share	-141.95	-140.72	-87.24	-46.74	-42.52	-36.40	Upgrade
Filing Date Shares Outstanding	20,967	20,967	20,967	20,326	20,355	20,355	Upgrade
Total Common Shares Outstanding	20,967	20,967	20,967	20,326	20,355	20,355	Upgrade
Working Capital	-1,201,313	-1,196,982	-917,638	-412,122	-308,583	-221,094	Upgrade
Book Value Per Share	-15.48	-21.84	-2.17	12.85	13.02	8.76	Upgrade
Tangible Book Value	-744,815	-866,790	-493,003	-74,502	19,423	67,306	Upgrade
Tangible Book Value Per Share	-35.52	-41.34	-23.51	-3.67	0.95	3.31	Upgrade
Land	27,862	27,862	27,665	26,692	5,690	5,690	Upgrade
Buildings	38,101	38,048	33,697	32,489	28,876	28,877	Upgrade
Machinery	117,210	106,356	98,208	80,905	76,913	51,631	Upgrade
Construction In Progress	255,803	199,603	193,923	138,678	143,968	52,358	Upgrade
Leasehold Improvements	28,310	27,899	25,753	24,432	23,624	24,085	Upgrade

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.