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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Property, Plant & Equipment	2,397	1,969	1,820	1,820	1,775	1,846
Cash & Equivalents	27.19	755.42	559.41	358.03	134.26	53.61
Other Receivables	0.83	0.05	0.05	0.52	-	-
Investment In Debt and Equity Securities	708.83	574.47	575.33	686.26	-	-
Other Current Assets	0.94	1.13	1.13	1.03	1.12	1.27
Trading Asset Securities	-	-	-	-	923.41	818.62
Other Long-Term Assets	0	-	-	0	-	-
Total Assets	3,135	3,300	2,956	2,866	2,834	2,720
Accrued Expenses	-	26.47	20.34	18.21	-	-
Current Unearned Revenue	105.27	-	-	90.3	52.03	50.71
Other Current Liabilities	591.19	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	696.45	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	438.66	593.57	445.07	403.45	405.58	376.45
Shareholders' Equity	2,439	2,594	2,445	2,403	2,406	2,376
Total Liabilities & Equity	3,135	3,300	2,956	2,866	2,834	2,720
Net Cash / Debt	27.19	755.42	559.41	358.03	1,058	872.23
Net Cash Growth	45.76%	35.04%	56.25%	-66.15%	21.26%	3.72%
Net Cash Per Share	1.36	37.78	27.97	17.89	52.90	43.63
Filing Date Shares Outstanding	20	20	20	20	20	20
Total Common Shares Outstanding	20	20	20	20	20	20
Book Value Per Share	121.93	129.68	122.25	120.17	120.28	118.82
Tangible Book Value	2,439	2,594	2,445	2,403	2,406	2,376
Tangible Book Value Per Share	121.93	129.68	122.25	120.17	120.28	118.82

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