Lafarge Africa Plc (NGX: WAPCO)

Lafarge Africa 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
Cash & Equivalents	93,415	168,370	118,398	50,057	53,323	27,104
Cash & Short-Term Investments	93,415	168,370	118,398	50,057	53,323	27,104
Cash Growth	-47.88%	42.21%	136.53%	-6.12%	96.74%	115.96%
Accounts Receivable	6,887	5,069	3,260	2,513	2,095	2,219
Other Receivables	51,137	3,057	3,105	4,831	2,919	5,949
Receivables	58,024	8,126	6,365	7,344	6,681	9,164
Inventory	84,056	54,341	53,043	45,010	31,053	32,441
Other Current Assets	28,701	8,223	18,473	34,164	12,015	6,337
Total Current Assets	264,196	239,059	196,279	136,575	103,071	75,046
Property, Plant & Equipment	376,211	360,219	339,727	338,722	348,328	369,797
Long-Term Investments	-	-	-	-	379.43	-
Other Intangible Assets	1,682	1,743	1,822	713.75	1,939	3,202
Long-Term Deferred Tax Assets	-	-	2,031	15,292	23,404	27,994
Other Long-Term Assets	93,016	80,350	60,852	35,535	29,127	20,346
Total Assets	735,105	681,372	600,711	526,838	507,214	497,152
Accounts Payable	163,104	47,916	26,799	17,818	18,749	18,942
Accrued Expenses	1,652	10,128	11,271	9,239	9,153	12,460
Short-Term Debt	-	23,554	32,461	17,005	2,438	631.58
Current Portion of Long-Term Debt	625.96	955.58	1,145	1,180	36,584	3,436
Current Portion of Leases	863.22	481.54	1,457	2,620	5,571	7,481
Current Income Taxes Payable	3,761	5,660	3,888	3,825	3,078	1,929
Current Unearned Revenue	80,789	75,145	46,282	43,688	381.65	539.26
Other Current Liabilities	-	45,124	45,081	35,678	51,601	38,993
Total Current Liabilities	250,795	208,963	168,383	131,053	127,556	84,412
Long-Term Debt	-	126.67	1,000	2,089	2,842	42,787
Long-Term Leases	169.24	1,127	529.9	393.29	2,298	9,878
Long-Term Unearned Revenue	-	872.97	1,095	1,357	1,683	2,307
Long-Term Deferred Tax Liabilities	44,076	30,176	8,472	9,117	9,402	9,967
Other Long-Term Liabilities	3,971	2,859	2,718	2,104	1,511	1,011
Total Liabilities	301,308	246,320	184,609	148,278	147,575	152,238
Common Stock	8,054	8,054	8,054	8,054	8,054	8,054
Additional Paid-In Capital	435,149	435,149	435,149	435,149	435,149	435,149
Retained Earnings	244,724	245,978	227,028	189,487	170,580	155,801
Comprensive Income & Other	-254,129	-254,129	-254,129	-254,129	-254,144	-254,090
Total Common Equity	433,797	435,052	416,102	378,561	359,639	344,914
Shareholders' Equity	433,797	435,052	416,102	378,561	359,639	344,914
Total Liabilities & Equity	735,105	681,372	600,711	526,838	507,214	497,152
Total Debt	1,658	26,245	36,593	23,287	49,733	64,213
Net Cash (Debt)	91,757	142,125	81,806	26,770	3,590	-37,109
Net Cash Growth	-34.71%	73.74%	205.59%	645.65%	-	-
Net Cash Per Share	5.70	8.82	5.08	1.66	0.22	-2.30
Filing Date Shares Outstanding	16,108	16,108	16,108	16,108	16,108	16,108
Total Common Shares Outstanding	16,108	16,108	16,108	16,108	16,108	16,108
Working Capital	13,401	30,095	27,896	5,522	-24,485	-9,366
Book Value Per Share	26.93	27.01	25.83	23.50	22.33	21.41
Tangible Book Value	432,115	433,309	414,280	377,847	357,699	341,712
Tangible Book Value Per Share	26.83	26.90	25.72	23.46	22.21	21.21
Land	14,951	15,123	15,108	14,866	14,866	14,866
Buildings	122,308	122,148	118,308	116,321	116,137	113,852
Machinery	412,132	399,088	376,806	357,168	340,343	327,044
Construction In Progress	90,467	74,432	54,980	52,926	42,958	51,205

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