SFS Real Estate Investment Trust Fund (NGX: SFSREIT)

SFSREIT Balance Sheet

Financials in millions NGN. 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
Property, Plant & Equipment	-	1,969	1,820	1,820	1,775	1,846
Cash & Equivalents	9.93	755.42	559.41	358.03	134.26	53.61
Accounts Receivable	0.89	-	-	-	-	-
Other Receivables	-	0.05	0.05	0.52	-	-
Investment In Debt and Equity Securities	1,295	574.47	575.33	686.26	-	-
Other Current Assets	-	1.13	1.13	1.03	1.12	1.27
Trading Asset Securities	-	-	-	-	923.41	818.62
Other Long-Term Assets	1,980	-	-	0	-	-
Total Assets	3,285	3,300	2,956	2,866	2,834	2,720
Accrued Expenses	-	26.47	20.34	18.21	-	-
Current Unearned Revenue	90.57	-	-	90.3	52.03	50.71
Other Current Liabilities	682.73	377.33	388.57	348.51	311.59	262.67
Long-Term Unearned Revenue	-	122.48	95.25	-	-	8.5
Other Long-Term Liabilities	-	180.17	7.09	5.75	64.97	21.57
Total Liabilities	773.3	706.45	511.24	462.77	428.6	343.44
Common Stock	2,000	2,000	2,000	2,000	2,000	2,000
Retained Earnings	512.1	593.57	445.07	403.45	405.58	376.45
Shareholders' Equity	2,512	2,594	2,445	2,403	2,406	2,376
Total Liabilities & Equity	3,285	3,300	2,956	2,866	2,834	2,720
Net Cash / Debt	9.93	755.42	559.41	358.03	1,058	872.23
Net Cash Growth	80.69%	35.04%	56.25%	-66.15%	21.26%	3.72%
Net Cash Per Share	0.50	37.78	27.97	17.89	52.90	43.63
Filing Date Shares Outstanding	19.95	20	20	20	20	20
Total Common Shares Outstanding	19.95	20	20	20	20	20
Book Value Per Share	125.90	129.68	122.25	120.17	120.28	118.82
Tangible Book Value	2,512	2,594	2,445	2,403	2,406	2,376
Tangible Book Value Per Share	125.90	129.68	122.25	120.17	120.28	118.82

Source: S&P Capital IQ. Real Estate template. Financial Sources.