Transnational Corporation of Nigeria Plc (NGX: TRANSCORP)

NGX: TRANSCORP 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	57,245	16,578	9,378	14,232	3,769	4,942
Accounts Receivable	250,708	123,432	81,347	63,257	78,636	93,735
Other Receivables	-	22,105	669.02	4,116	-	3,830
Inventory	4,874	3,984	5,419	4,464	4,358	4,439
Prepaid Expenses	4,464	4,385	4,431	1,583	1,061	720.51
Other Current Assets	-	3,761	624.86	608.67	-	-
Total Current Assets	317,290	174,244	101,870	88,259	87,824	107,667
Property, Plant & Equipment	304,054	294,695	288,674	278,105	155,201	158,594
Goodwill	28,959	28,959	30,934	30,934	30,934	30,934
Other Intangible Assets	11,459	11,446	10,384	10,266	10,222	10,234
Long-Term Investments	17,360	15,957	7,079	5,411	4,176	3,451
Long-Term Deferred Tax Assets	-	-	-	792.2	1,317	78.71
Other Long-Term Assets	4,635	4,622	3,762	2,232	29,538	2,173
Total Assets	683,758	529,924	442,703	416,000	319,211	313,133
Accounts Payable	168,132	127,854	111,745	113,604	71,093	53,071
Accrued Expenses	49,896	19,008	15,659	7,278	5,446	16,377
Short-Term Debt	-	4,042	3,898	3,467	3,927	9,417
Current Portion of Long-Term Debt	59,444	47,283	42,708	51,920	11,991	12,217
Current Unearned Revenue	914.77	753.88	706.04	603.48	423.79	208.44
Current Portion of Leases	-	-	-	297.12	-	-
Current Income Taxes Payable	48,047	22,348	6,804	3,646	1,268	1,539
Other Current Liabilities	2,018	34,279	18,627	14,195	3,653	5,341
Total Current Liabilities	328,451	255,568	200,147	195,011	97,802	98,169
Long-Term Debt	54,603	52,055	58,039	50,699	103,202	92,223
Long-Term Unearned Revenue	2,635	3,087	3,684	4,339	3,498	3,691
Pension & Post-Retirement Benefits	244.07	211.84	161.71	-	-	-
Long-Term Deferred Tax Liabilities	19,296	18,770	12,962	6,724	6,349	7,902
Other Long-Term Liabilities	27,935	12,935	12,935	12,935	12,935	2,410
Total Liabilities	433,165	342,626	287,929	269,708	223,786	204,394
Common Stock	20,324	20,324	20,324	20,324	20,324	20,324
Additional Paid-In Capital	6,250	6,250	6,250	6,250	6,250	6,250
Retained Earnings	105,668	68,923	54,577	47,602	28,620	39,199
Comprehensive Income & Other	36,198	34,920	26,236	26,452	1,982	1,257
Total Common Equity	168,439	130,417	107,387	100,628	57,176	67,030
Minority Interest	82,155	56,881	47,387	45,664	38,249	41,708
Shareholders' Equity	250,594	187,298	154,774	146,292	95,425	108,738
Total Liabilities & Equity	683,758	529,924	442,703	416,000	319,211	313,133
Total Debt	114,048	103,379	104,645	106,383	119,120	113,856
Net Cash (Debt)	-56,802	-86,802	-95,267	-92,151	-115,351	-108,914
Net Cash Per Share	-5.59	-8.54	-9.37	-9.07	-11.35	-10.72
Filing Date Shares Outstanding	10,162	10,162	10,162	10,162	10,162	10,162
Total Common Shares Outstanding	10,162	10,162	10,162	10,162	10,162	10,162
Working Capital	-11,161	-81,324	-98,277	-106,751	-9,978	9,499
Book Value Per Share	16.58	12.83	10.57	9.90	5.63	6.60
Tangible Book Value	128,021	90,012	66,069	59,428	16,020	25,862
Tangible Book Value Per Share	12.60	8.86	6.50	5.85	1.58	2.54
Land	42,194	-	42,408	39,524	37,740	37,740
Buildings	54,285	-	55,442	55,184	52,280	50,177
Machinery	225,878	-	211,312	203,770	89,364	87,993
Construction In Progress	37,516	-	26,162	19,292	9,156	10,214

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