Northern Nigeria Flour Mills Plc (NGX:NNFM)

NGX:NNFM Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	727.23	880.17	2,991	1,762	962.52	521.59
Cash & Short-Term Investments	727.23	880.17	2,991	1,762	962.52	521.59
Cash Growth	-69.54%	-70.58%	69.75%	83.08%	84.54%	-77.44%
Accounts Receivable	190.97	965.3	1,004	622.48	114.5	0.27
Other Receivables	1,430	26.42	29.14	36.2	107.41	9.11
Receivables	1,621	991.72	1,033	658.68	221.91	9.38
Inventory	21,302	20,457	6,255	7,645	8,238	3,206
Prepaid Expenses	27	940.67	106.38	133.79	34.14	41.4
Other Current Assets	1.15	94.73	75.03	59.63	0.48	8.11
Total Current Assets	23,679	23,364	10,461	10,259	9,457	3,787
Property, Plant & Equipment	7,035	7,183	7,460	7,567	3,848	3,572
Other Long-Term Assets	80.73	2.33	3.11	1.52	10.26	6.16
Total Assets	30,794	30,549	17,924	17,828	13,315	7,365
Accounts Payable	-615.44	16,772	4,368	8,535	9,053	1,547
Accrued Expenses	37.93	1,349	480.43	369.22	348.03	220.92
Current Portion of Long-Term Debt	-	-	45.74	164.79	156.13	1,627
Current Income Taxes Payable	-0.85	1,257	686.68	95.34	97.81	31.76
Current Unearned Revenue	510.47	417.34	1,240	93.6	104.66	377.69
Other Current Liabilities	19,617	47.15	1,946	937.79	31.51	29.4
Total Current Liabilities	19,549	19,843	8,767	10,196	9,791	3,834
Long-Term Debt	-	-	-	49.22	237.57	384.99
Long-Term Unearned Revenue	-	-	-	0.62	9.33	33.17
Pension & Post-Retirement Benefits	234.75	258.67	198.31	199.92	190.06	180.69
Long-Term Deferred Tax Liabilities	754.15	754.15	881.75	762.67	201.57	104.83
Other Long-Term Liabilities	70.27	-	-	39.86	30.75	40.05
Total Liabilities	20,608	20,856	9,847	11,248	10,461	4,577
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	4,961	4,469	2,853	1,355	1,110	1,043
Comprehensive Income & Other	5,046	5,046	5,046	5,046	1,566	1,566
Shareholders' Equity	10,186	9,693	8,078	6,580	2,854	2,788
Total Liabilities & Equity	30,794	30,549	17,924	17,828	13,315	7,365
Total Debt	-	-	45.74	214.01	393.7	2,012
Net Cash (Debt)	727.23	880.17	2,946	1,548	568.82	-1,490
Net Cash Growth	-69.54%	-70.12%	90.27%	172.17%	-	-
Net Cash Per Share	4.08	4.94	16.53	8.69	3.19	-8.36
Filing Date Shares Outstanding	178.2	178.2	178.2	179.42	178.2	178.2
Total Common Shares Outstanding	178.2	178.2	178.2	179.42	178.2	178.2
Working Capital	4,130	3,521	1,694	63.37	-334.42	-46.97
Book Value Per Share	57.16	54.40	45.33	36.67	16.02	15.64
Tangible Book Value	10,186	9,693	8,078	6,580	2,854	2,788
Tangible Book Value Per Share	57.16	54.40	45.33	36.67	16.02	15.64
Land	5,628	5,628	5,628	5,628	1,761	1,761
Buildings	451.65	451.65	351.69	319.23	136.23	116.17
Machinery	3,944	4,001	3,990	3,849	3,792	3,553
Construction In Progress	-	-	117.13	94.45	282.6	94.36

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.