Seplat Energy Plc (NGX: SEPLAT)

Seplat Energy Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	433.86	450.11	404.34	324.49	225.14	333.03
Cash & Short-Term Investments	433.86	450.11	404.34	324.49	225.14	333.03
Cash Growth	10.96%	11.32%	24.61%	44.13%	-32.40%	-43.05%
Accounts Receivable	107.1	111.17	66.68	117.15	81.14	154.52
Other Receivables	90.25	173.88	183.14	128.53	152.64	324.14
Receivables	197.35	285.05	249.82	245.69	233.79	478.65
Inventory	49.21	52.43	55.41	74.96	74.57	84.51
Prepaid Expenses	13.19	10.54	1.24	1.73	3.64	3.67
Restricted Cash	24.41	27.03	23.94	16.03	33.58	-
Other Current Assets	146.91	133.17	148.1	13.95	27.05	33.58
Total Current Assets	864.92	958.32	882.84	676.84	597.77	933.44
Property, Plant & Equipment	1,711	1,660	1,690	1,639	1,628	1,586
Long-Term Investments	334.69	325.13	323.61	337.82	340.19	291.99
Goodwill	-	-	-	-	-	29.54
Other Intangible Assets	111.59	118.51	124.42	131.2	58.69	145.03
Long-Term Deferred Tax Assets	214.3	290.78	253.79	312.04	762.83	222.7
Other Long-Term Assets	33.82	42.23	57.49	66.79	61.74	62.89
Total Assets	3,270	3,395	3,332	3,163	3,450	3,271
Accounts Payable	101.04	121.24	108.65	120.43	135.13	104.16
Accrued Expenses	186.48	221.71	251.63	211.23	189.73	224.89
Current Portion of Long-Term Debt	97.38	89.24	74.32	60.66	93.47	112.33
Current Portion of Leases	5.99	1.34	4.03	3.09	1.79	0.69
Current Income Taxes Payable	78.42	78.56	56.51	46.35	21.74	18.5
Current Unearned Revenue	0.03	-	-	-	9.47	16.3
Other Current Liabilities	127.69	192.5	102.8	39.15	20.12	146.98
Total Current Liabilities	597.02	704.59	597.94	480.91	471.45	623.85
Long-Term Debt	606.84	666.49	695.88	705.95	604.95	677.08
Long-Term Leases	11.25	-	-	0.48	4.19	8.52
Long-Term Deferred Tax Liabilities	165.83	98.27	78.35	103.74	531.63	-
Other Long-Term Liabilities	134.67	130.63	193.84	154.66	162.62	147.92
Total Liabilities	1,522	1,602	1,572	1,456	1,786	1,467
Common Stock	1.86	1.86	1.86	1.86	1.86	1.85
Additional Paid-In Capital	560.43	560.43	562.23	560.14	551.72	543.74
Retained Earnings	1,142	1,173	1,190	1,185	1,116	1,249
Treasury Stock	-8.28	-4.29	-4.92	-4.92	-	-
Comprehensive Income & Other	31.16	37.33	27.52	24.12	28.58	32.82
Total Common Equity	1,727	1,769	1,776	1,766	1,698	1,828
Minority Interest	20.82	24.24	-16.51	-58.8	-34.2	-23.62
Shareholders' Equity	1,748	1,793	1,760	1,707	1,664	1,804
Total Liabilities & Equity	3,270	3,395	3,332	3,163	3,450	3,271
Total Debt	721.46	757.07	774.23	770.19	704.39	798.62
Net Cash (Debt)	-287.6	-306.96	-369.89	-445.7	-479.25	-465.59
Net Cash Per Share	-0.49	-0.52	-0.63	-0.76	-0.81	-0.80
Filing Date Shares Outstanding	588.45	588.45	601.68	584.04	581.84	575.32
Total Common Shares Outstanding	588.45	588.45	601.68	584.04	581.84	575.32
Working Capital	267.9	253.72	284.9	195.93	126.32	309.59
Book Value Per Share	2.93	3.01	2.95	3.02	2.92	3.18
Tangible Book Value	1,615	1,650	1,652	1,635	1,640	1,653
Tangible Book Value Per Share	2.74	2.80	2.75	2.80	2.82	2.87
Land	-	0.07	0.07	0.07	0.07	0.07
Buildings	-	3.89	3.89	3.89	3.89	3.89
Machinery	-	75.73	71.98	68.94	40.11	36.46
Leasehold Improvements	-	6.63	6.2	5.72	5.64	4.21

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