NGX:NOTORE Balance Sheet

Financials in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021
Cash & Equivalents	49,774	947.21	570.16	1,165	546.99
Cash & Short-Term Investments	49,774	947.21	570.16	1,165	546.99
Cash Growth	5154.75%	66.13%	-51.05%	112.97%	62.14%
Accounts Receivable	-	-	-	43.42	418.11
Other Receivables	3,919	1,205	672.67	645.58	-78.13
Receivables	3,939	1,206	682.12	696.29	347.08
Inventory	9,437	8,176	9,733	9,323	8,344
Prepaid Expenses	74.84	27.93	12.47	32.52	101.45
Other Current Assets	297.58	1,072	5,193	7,739	6,969
Total Current Assets	63,522	11,429	16,190	18,956	16,309
Property, Plant & Equipment	399,777	263,437	187,859	151,324	151,154
Other Long-Term Assets	93,133	77,586	75,161	68,339	59,187
Total Assets	556,431	352,452	279,211	238,620	226,650
Accounts Payable	56,588	46,877	30,208	28,611	24,796
Accrued Expenses	9,991	11,730	5,102	8,928	6,864
Short-Term Debt	896.76	6,136	1,677	3,429	2,960
Current Portion of Long-Term Debt	139,228	59,531	30,943	45,647	40,662
Current Portion of Leases	-	192.54	102.58	-	-
Current Income Taxes Payable	-	113.53	213.06	65.71	-0
Current Unearned Revenue	20,391	16,994	20,036	14,472	14,818
Total Current Liabilities	227,095	141,575	88,281	101,153	90,100
Long-Term Debt	218,254	162,978	109,760	79,963	78,555
Long-Term Leases	-	-	100.14	-	-
Long-Term Unearned Revenue	5.9	552.92	1,270	2,625	2,889
Long-Term Deferred Tax Liabilities	2,374	2,374	2,374	-	10,247
Other Long-Term Liabilities	-	-	-	-	0
Total Liabilities	449,832	309,647	203,833	185,591	183,729
Common Stock	2,015	806.03	806.03	806.03	806.03
Additional Paid-In Capital	132,579	27,996	27,996	27,996	27,996
Retained Earnings	-339,776	-148,562	-38,928	-34,817	-49,352
Treasury Stock	-1,081	-1,081	-1,081	-1,081	-1,081
Comprehensive Income & Other	312,862	163,646	86,585	60,124	64,551
Shareholders' Equity	106,599	42,805	75,378	53,029	42,921
Total Liabilities & Equity	556,431	352,452	279,211	238,620	226,650
Total Debt	358,378	228,838	142,583	129,039	122,177
Net Cash (Debt)	-308,605	-227,890	-142,013	-127,874	-121,630
Net Cash Per Share	-76.57	-141.37	-88.09	-79.33	-75.45
Filing Date Shares Outstanding	4,030	1,612	1,612	1,612	1,610
Total Common Shares Outstanding	4,030	1,612	1,612	1,612	1,610
Working Capital	-163,573	-130,146	-72,090	-82,196	-73,791
Book Value Per Share	26.45	26.55	46.76	32.89	26.66
Tangible Book Value	106,599	42,805	75,378	53,029	42,921
Tangible Book Value Per Share	26.45	26.55	46.76	32.89	26.66
Land	6,334	6,334	6,180	2,041	2,041
Buildings	23,708	19,214	17,186	8,909	8,881
Machinery	371,322	230,650	157,721	146,940	133,394
Construction In Progress	-	8,647	8,027	9,145	20,919

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