The Tourist Company of Nigeria Plc (NGX: TOURIST)

TOURIST 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
Cash & Equivalents	194.25	1,060	1,165	836.94	706.54	498.03
Short-Term Investments	-	-	-	-	-	858.2
Cash & Short-Term Investments	194.25	1,060	1,165	836.94	706.54	1,356
Cash Growth	-81.37%	-9.01%	39.25%	18.46%	-47.90%	-16.61%
Accounts Receivable	93.8	181.5	127.07	94.18	42	158.94
Other Receivables	103.44	35.98	63.13	21.6	56.57	71.02
Receivables	197.24	217.48	190.2	115.78	98.57	229.96
Inventory	156.18	160.85	233.8	143.14	113.83	110.63
Prepaid Expenses	47.05	101	85.05	82.83	49.91	96.66
Other Current Assets	-	2.07	23.57	9.69	7.87	39.24
Total Current Assets	594.72	1,542	1,698	1,188	976.72	1,833
Property, Plant & Equipment	53,834	54,764	51,399	30,408	31,048	31,422
Other Intangible Assets	0.27	0.47	0.85	1.61	1.96	4.33
Other Long-Term Assets	15.28	26.71	37.01	96.6	102.55	88.45
Total Assets	54,444	56,333	53,135	31,694	32,130	33,348
Accounts Payable	2,996	636.64	375.36	149.46	96.56	131.72
Accrued Expenses	-	511.79	430.6	413.18	341.2	370.61
Current Portion of Leases	9.68	9.68	5.14	8.39	11.86	8.38
Current Income Taxes Payable	4.45	2.54	16.3	4.68	-	-
Other Current Liabilities	-	1,446	1,471	1,159	995.59	1,011
Total Current Liabilities	3,010	2,607	2,298	1,734	1,445	1,522
Long-Term Debt	104,511	61,484	31,253	28,746	27,134	20,618
Long-Term Leases	11.94	14.15	-	3.13	8.21	12.25
Other Long-Term Liabilities	0	-	-	-	-	-
Total Liabilities	107,533	64,105	33,551	30,484	28,588	22,152
Common Stock	1,123	1,123	1,123	1,123	1,123	1,123
Additional Paid-In Capital	4,133	4,133	4,133	4,133	4,133	4,133
Retained Earnings	-104,481	-59,165	-27,514	-24,303	-21,972	-14,083
Comprehensive Income & Other	46,136	46,136	41,842	20,258	20,258	20,023
Shareholders' Equity	-53,088	-7,772	19,584	1,210	3,542	11,196
Total Liabilities & Equity	54,444	56,333	53,135	31,694	32,130	33,348
Total Debt	104,533	61,508	31,258	28,758	27,154	20,638
Net Cash (Debt)	-104,338	-60,447	-30,093	-27,921	-26,448	-19,282
Net Cash Per Share	-46.44	-26.91	-13.40	-12.43	-11.77	-8.58
Filing Date Shares Outstanding	2,246	2,246	2,246	2,246	2,246	2,246
Total Common Shares Outstanding	2,246	2,246	2,246	2,246	2,246	2,246
Working Capital	-2,415	-1,065	-600.04	-546.07	-468.5	310.9
Book Value Per Share	-23.63	-3.46	8.72	0.54	1.58	4.98
Tangible Book Value	-53,089	-7,773	19,583	1,209	3,540	11,192
Tangible Book Value Per Share	-23.63	-3.46	8.72	0.54	1.58	4.98
Land	-	28,693	27,536	14,698	14,698	15,120
Buildings	-	24,963	25,209	16,464	16,474	15,810
Machinery	-	2,859	2,860	2,885	2,862	3,097
Construction In Progress	-	101.35	65.68	62.36	4.11	104.38

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