Nestlé Nigeria Plc (NGX: NESTLE)

Nestlé 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	33,169	167,733	117,230	98,010	58,703	6,978
Short-Term Investments	35.92	2.37	702.5	2,508	-	-
Cash & Short-Term Investments	33,205	167,735	117,932	100,518	58,703	6,978
Cash Growth	-78.19%	42.23%	17.32%	71.23%	741.25%	-55.73%
Accounts Receivable	3,440	7,218	4,995	3,956	10,676	20,264
Other Receivables	6,638	7,379	5,662	1,708	1,982	1,170
Receivables	10,787	15,073	11,255	6,238	13,205	22,008
Inventory	166,003	87,793	88,341	58,964	52,222	33,279
Prepaid Expenses	7,340	3,430	1,929	1,094	968.43	901.52
Other Current Assets	159,328	87,215	71,055	37,111	26,402	43,871
Total Current Assets	376,663	361,246	290,512	203,924	151,501	107,037
Property, Plant & Equipment	403,646	170,821	121,716	103,813	92,320	83,780
Long-Term Accounts Receivable	244.79	430.5	425.43	205.25	175.91	263.92
Long-Term Deferred Tax Assets	131,467	46,487	-	-	-	-
Other Long-Term Assets	67.44	97.57	-	-	-	-
Total Assets	914,972	581,774	415,044	310,239	246,185	193,374
Accounts Payable	155,966	69,831	57,389	52,563	42,987	48,782
Accrued Expenses	-	12,486	14,528	26,132	11,158	4,182
Short-Term Debt	-	-	-	2.35	2.55	2,736
Current Portion of Long-Term Debt	3,288	37,192	8,294	431.94	6,377	4,959
Current Portion of Leases	183.62	179.32	53.72	184.82	231.27	-
Current Income Taxes Payable	29,977	35,111	26,209	28,282	30,476	31,801
Current Unearned Revenue	29,865	20,063	16,548	15,452	8,647	5,974
Other Current Liabilities	58,013	115,776	95,384	72,469	66,150	27,101
Total Current Liabilities	277,293	290,638	218,405	195,518	166,030	125,535
Long-Term Debt	681,369	365,128	147,007	76,433	33,834	5,516
Long-Term Leases	-	-	127.89	283.14	568.08	-
Long-Term Deferred Tax Liabilities	64,302	-	14,854	12,588	11,984	12,457
Other Long-Term Liabilities	-	-	-	0	-	-0
Total Liabilities	1,027,055	659,810	384,753	288,860	216,888	147,817
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	-262,904	-78,633	29,773	20,836	28,755	45,006
Comprehensive Income & Other	150,392	169.48	90.13	113.46	113.81	123.08
Shareholders' Equity	-112,084	-78,035	30,291	21,378	29,297	45,558
Total Liabilities & Equity	914,972	581,774	415,044	310,239	246,185	193,374
Total Debt	684,841	402,499	155,482	77,335	41,014	13,211
Net Cash (Debt)	-651,635	-234,764	-37,549	23,183	17,690	-6,233
Net Cash Growth	-	-	-	31.05%	-	-
Net Cash Per Share	-822.13	-296.17	-47.37	29.25	22.32	-7.86
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	99,370	70,608	72,107	8,406	-14,529	-18,498
Book Value Per Share	-141.40	-98.45	38.21	26.97	36.96	57.47
Tangible Book Value	-112,084	-78,035	30,291	21,378	29,297	45,558
Tangible Book Value Per Share	-141.40	-98.45	38.21	26.97	36.96	57.47
Land	14,944	1,215	1,215	1,215	34,023	33,285
Buildings	52,951	41,510	36,931	35,132	-	-
Machinery	280,031	141,600	121,788	106,842	95,079	90,775
Construction In Progress	86,849	67,450	33,710	24,483	19,662	12,102

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