Notore Chemical Industries Plc (NGX: NOTORE)

NOTORE Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Sep 30, 2021	Sep 30, 2020
Cash & Equivalents	65,597	947.21	570.16	1,165	546.99	337.35
Cash & Short-Term Investments	65,597	947.21	570.16	1,165	546.99	337.35
Cash Growth	6474.89%	66.13%	-51.05%	112.96%	62.14%	-14.38%
Accounts Receivable	-	-	-	43.42	418.11	4.81
Other Receivables	10,929	1,205	672.67	645.58	-78.13	301.82
Receivables	10,929	1,206	682.12	696.29	347.08	321.8
Inventory	9,063	8,176	9,733	9,323	8,344	5,950
Prepaid Expenses	27.09	27.93	12.47	32.52	101.45	125.31
Other Current Assets	815.53	1,072	5,193	7,739	6,969	15,409
Total Current Assets	86,432	11,429	16,190	18,956	16,309	22,143
Property, Plant & Equipment	254,178	263,437	187,859	151,324	151,154	145,431
Other Intangible Assets	-	-	-	-	-	12.51
Other Long-Term Assets	77,612	77,586	75,161	68,339	59,187	53,174
Total Assets	418,222	352,452	279,211	238,620	226,650	220,761
Accounts Payable	62,470	46,877	30,208	28,611	24,796	16,754
Accrued Expenses	12,548	11,730	5,102	8,928	6,864	5,700
Short-Term Debt	13,423	6,136	1,677	3,429	2,960	3,265
Current Portion of Long-Term Debt	128,642	59,531	30,943	45,647	40,662	15,416
Current Portion of Leases	66	192.54	102.58	-	-	135.12
Current Income Taxes Payable	1.33	113.53	213.06	65.71	-0	-
Current Unearned Revenue	20,865	16,994	20,036	14,472	14,818	10,826
Total Current Liabilities	238,015	141,575	88,281	101,153	90,100	52,096
Long-Term Debt	239,736	162,978	109,760	79,963	78,555	89,669
Long-Term Leases	-	-	100.14	-	-	-
Long-Term Unearned Revenue	14.79	552.92	1,270	2,625	2,889	4,026
Long-Term Deferred Tax Liabilities	2,374	2,374	2,374	-	10,247	10,247
Other Long-Term Liabilities	-	-	-	-	0	-
Total Liabilities	482,275	309,647	203,833	185,591	183,729	157,659
Common Stock	2,015	806.03	806.03	806.03	806.03	806.03
Additional Paid-In Capital	132,579	27,996	27,996	27,996	27,996	27,996
Retained Earnings	-361,213	-148,562	-38,928	-34,817	-49,352	-29,125
Treasury Stock	-1,081	-1,081	-1,081	-1,081	-1,081	-1,081
Comprehensive Income & Other	163,646	163,646	86,585	60,124	64,551	64,507
Shareholders' Equity	-64,054	42,805	75,378	53,029	42,921	63,102
Total Liabilities & Equity	418,222	352,452	279,211	238,620	226,650	220,761
Total Debt	381,867	228,838	142,583	129,039	122,177	108,486
Net Cash (Debt)	-316,270	-227,890	-142,013	-127,874	-121,630	-108,148
Net Cash Per Share	-92.32	-141.37	-88.09	-79.33	-75.45	-67.09
Filing Date Shares Outstanding	4,000	1,612	1,612	1,612	1,610	1,612
Total Common Shares Outstanding	4,000	1,612	1,612	1,612	1,610	1,612
Working Capital	-151,584	-130,146	-72,090	-82,196	-73,791	-29,953
Book Value Per Share	-16.01	26.55	46.76	32.89	26.66	39.14
Tangible Book Value	-64,054	42,805	75,378	53,029	42,921	63,090
Tangible Book Value Per Share	-16.01	26.55	46.76	32.89	26.66	39.14
Land	6,334	6,334	6,180	2,041	2,041	2,041
Buildings	19,214	19,214	17,186	8,909	8,881	8,881
Machinery	230,647	230,650	157,721	146,940	133,394	131,853
Construction In Progress	9,352	8,647	8,027	9,145	20,919	10,118

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