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	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	2,388	2,991	1,762	962.52	521.59	2,311
Cash & Short-Term Investments	2,388	2,991	1,762	962.52	521.59	2,311
Cash Growth	15.05%	69.75%	83.08%	84.54%	-77.43%	446.73%
Accounts Receivable	485.36	1,004	622.48	114.5	0.27	794.99
Other Receivables	1,883	29.14	36.2	107.41	9.11	14.69
Receivables	2,368	1,033	658.68	221.91	9.38	809.67
Inventory	3,779	6,255	7,645	8,238	3,206	1,561
Prepaid Expenses	48.06	106.38	133.79	34.14	41.4	24.38
Other Current Assets	-	75.03	59.63	0.48	8.11	46.02
Total Current Assets	8,583	10,461	10,259	9,457	3,787	4,752
Property, Plant & Equipment	7,335	7,460	7,567	3,848	3,572	3,733
Other Long-Term Assets	64.67	3.11	1.52	10.26	6.16	6.97
Total Assets	15,982	17,924	17,828	13,315	7,365	8,492
Accounts Payable	3,383	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	1,505	1,240	93.6	104.66	377.69	214.87
Other Current Liabilities	127.26	1,946	937.79	31.51	29.4	22.91
Total Current Liabilities	5,015	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	37.92	33.31	39.86	30.75	40.05	31.6
Total Liabilities	6,155	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	4,603	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	9,827	8,078	6,580	2,854	2,788	2,769
Total Liabilities & Equity	15,982	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)	2,388	2,946	1,548	568.82	-1,490	283.18
Net Cash Growth	22.81%	90.27%	172.17%	-	-	-
Net Cash Per Share	13.39	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	3,568	1,694	63.37	-334.42	-46.97	-31.08
Book Value Per Share	55.15	45.33	36.67	16.02	15.64	15.54
Tangible Book Value	9,827	8,078	6,580	2,854	2,788	2,769
Tangible Book Value Per Share	55.15	45.33	36.67	16.02	15.64	15.54
Land	5,628	5,628	5,628	1,761	1,761	1,761
Buildings	-	351.69	319.23	136.23	116.17	118.59
Machinery	4,279	3,990	3,849	3,792	3,553	3,506
Construction In Progress	128.3	117.13	94.45	282.6	94.36	105.7

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