Nestlé Nigeria Plc (NGX:NESTLE)

Nestlé 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	19,411	22,645	167,733	117,230	98,010	58,703
Short-Term Investments	3,974	-3.01	2.37	702.5	2,508	-
Cash & Short-Term Investments	23,385	22,642	167,735	117,932	100,518	58,703
Cash Growth	-29.57%	-86.50%	42.23%	17.32%	71.23%	741.25%
Accounts Receivable	7,501	7,852	13,109	4,995	3,956	10,676
Other Receivables	-	2,093	1,489	5,662	1,708	1,982
Receivables	7,501	10,503	15,073	11,255	6,238	13,205
Inventory	203,356	174,784	87,793	88,341	58,964	52,222
Prepaid Expenses	111,434	149,460	88,785	1,929	1,094	968.43
Other Current Assets	222.96	913.65	1,861	71,055	37,111	26,402
Total Current Assets	345,900	358,303	361,246	290,512	203,924	151,501
Property, Plant & Equipment	466,685	426,569	170,821	121,716	103,813	92,320
Long-Term Accounts Receivable	627.17	453.17	430.5	425.43	205.25	175.91
Long-Term Deferred Tax Assets	30,767	70,419	46,487	-	-	-
Other Long-Term Assets	53.95	53.95	97.57	-	-	-
Total Assets	847,296	858,698	581,774	415,044	310,239	246,185
Accounts Payable	174,561	112,350	69,831	57,389	52,563	42,987
Accrued Expenses	-	12,857	12,486	14,528	26,132	11,158
Short-Term Debt	-	158.08	-	-	2.35	2.55
Current Portion of Long-Term Debt	56,277	108,486	37,192	8,294	431.94	6,377
Current Portion of Leases	110.21	32.72	179.32	53.72	184.82	231.27
Current Income Taxes Payable	20,956	32,340	35,111	26,209	28,282	30,476
Current Unearned Revenue	32,840	28,875	20,063	16,548	15,452	8,647
Other Current Liabilities	113,186	106,327	115,776	95,384	72,469	66,150
Total Current Liabilities	397,930	401,427	290,638	218,405	195,518	166,030
Long-Term Debt	464,732	545,215	365,128	147,007	76,433	33,834
Long-Term Leases	-	-	-	127.89	283.14	568.08
Pension & Post-Retirement Benefits	4,334	4,346	4,044	4,360	4,039	4,471
Long-Term Deferred Tax Liabilities	-	-	-	14,854	12,588	11,984
Other Long-Term Liabilities	-0	-	-	-	0	-
Total Liabilities	866,996	950,988	659,810	384,753	288,860	216,888
Common Stock	396.33	396.33	396.33	396.33	396.33	396.33
Additional Paid-In Capital	32.26	32.26	32.26	32.26	32.26	32.26
Retained Earnings	-170,746	-243,228	-78,633	29,773	20,836	28,755
Comprehensive Income & Other	150,617	150,510	169.48	90.13	113.46	113.81
Shareholders' Equity	-19,700	-92,290	-78,035	30,291	21,378	29,297
Total Liabilities & Equity	847,296	858,698	581,774	415,044	310,239	246,185
Total Debt	521,120	653,892	402,499	155,482	77,335	41,014
Net Cash (Debt)	-497,734	-631,251	-234,764	-37,549	23,183	17,690
Net Cash Growth	-	-	-	-	31.05%	-
Net Cash Per Share	-627.93	-796.37	-296.17	-47.37	29.25	22.32
Filing Date Shares Outstanding	792.66	792.66	792.66	792.66	792.66	792.66
Total Common Shares Outstanding	792.66	792.66	792.66	792.66	792.66	792.66
Working Capital	-52,031	-43,124	70,608	72,107	8,406	-14,529
Book Value Per Share	-24.85	-116.43	-98.45	38.21	26.97	36.96
Tangible Book Value	-19,700	-92,290	-78,035	30,291	21,378	29,297
Tangible Book Value Per Share	-24.85	-116.43	-98.45	38.21	26.97	36.96
Land	14,944	14,944	1,215	1,215	1,215	34,023
Buildings	71,444	53,140	41,510	36,931	35,132	-
Machinery	335,931	290,654	141,600	121,788	106,842	95,079
Construction In Progress	110,626	107,006	67,450	33,710	24,483	19,662

Source: S&P Global Market Intelligence. Standard template. Financial Sources.