Northern Nigeria Flour Mills Plc (NGX: NNFM)

NGX: NNFM Balance Sheet

Financials in millions NGN. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	1,038	2,991	1,762	962.52	521.59	2,311
Cash & Short-Term Investments	1,038	2,991	1,762	962.52	521.59	2,311
Cash Growth	-71.13%	69.75%	83.08%	84.54%	-77.43%	446.73%
Accounts Receivable	725.88	1,004	622.48	114.5	0.27	794.99
Other Receivables	1,421	29.14	36.2	107.41	9.11	14.69
Receivables	2,147	1,033	658.68	221.91	9.38	809.67
Inventory	16,464	6,255	7,645	8,238	3,206	1,561
Prepaid Expenses	33.32	106.38	133.79	34.14	41.4	24.38
Other Current Assets	0	75.03	59.63	0.48	8.11	46.02
Total Current Assets	19,682	10,461	10,259	9,457	3,787	4,752
Property, Plant & Equipment	7,275	7,460	7,567	3,848	3,572	3,733
Other Long-Term Assets	67.82	3.11	1.52	10.26	6.16	6.97
Total Assets	27,025	17,924	17,828	13,315	7,365	8,492
Accounts Payable	12,879	4,368	8,535	9,053	1,547	2,822
Accrued Expenses	-	480.43	369.22	348.03	220.92	293.01
Current Portion of Long-Term Debt	-	45.74	164.79	156.13	1,627	1,365
Current Income Taxes Payable	-	686.68	95.34	97.81	31.76	65.61
Current Unearned Revenue	918.79	1,240	93.6	104.66	377.69	214.87
Other Current Liabilities	38.04	1,946	937.79	31.51	29.4	22.91
Total Current Liabilities	13,836	8,767	10,196	9,791	3,834	4,783
Long-Term Debt	-	-	49.22	237.57	384.99	663.61
Long-Term Unearned Revenue	-	-	0.62	9.33	33.17	68.46
Long-Term Deferred Tax Liabilities	881.75	881.75	762.67	201.57	104.83	54.25
Other Long-Term Liabilities	30	33.31	39.86	30.75	40.05	31.6
Total Liabilities	14,977	9,847	11,248	10,461	4,577	5,723
Common Stock	89.1	89.1	89.1	89.1	89.1	89.1
Additional Paid-In Capital	89.52	89.52	89.52	89.52	89.52	89.52
Retained Earnings	6,823	2,853	1,355	1,110	1,043	1,024
Comprehensive Income & Other	5,046	5,046	5,046	1,566	1,566	1,566
Shareholders' Equity	12,048	8,078	6,580	2,854	2,788	2,769
Total Liabilities & Equity	27,025	17,924	17,828	13,315	7,365	8,492
Total Debt	-	45.74	214.01	393.7	2,012	2,028
Net Cash (Debt)	1,038	2,946	1,548	568.82	-1,490	283.18
Net Cash Growth	-70.40%	90.27%	172.17%	-	-	-
Net Cash Per Share	5.83	16.53	8.69	3.19	-8.36	1.59
Filing Date Shares Outstanding	178.2	178.2	179.42	178.2	178.2	178.2
Total Common Shares Outstanding	178.2	178.2	179.42	178.2	178.2	178.2
Working Capital	5,846	1,694	63.37	-334.42	-46.97	-31.08
Book Value Per Share	67.61	45.33	36.67	16.02	15.64	15.54
Tangible Book Value	12,048	8,078	6,580	2,854	2,788	2,769
Tangible Book Value Per Share	67.61	45.33	36.67	16.02	15.64	15.54
Land	-	5,628	5,628	1,761	1,761	1,761
Buildings	-	351.69	319.23	136.23	116.17	118.59
Machinery	-	3,990	3,849	3,792	3,553	3,506
Construction In Progress	-	117.13	94.45	282.6	94.36	105.7

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