Northern Nigeria Flour Mills Plc (NGX:NNFM)

NGX:NNFM Balance Sheet

Financials in millions NGN. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	2,544	880.17	2,991	1,762	962.52	521.59
Cash & Short-Term Investments	2,544	880.17	2,991	1,762	962.52	521.59
Cash Growth	-38.53%	-70.58%	69.75%	83.08%	84.54%	-77.44%
Accounts Receivable	382.22	965.3	1,004	622.48	114.5	0.27
Other Receivables	5,584	26.42	29.14	36.2	107.41	9.11
Receivables	5,966	991.72	1,033	658.68	221.91	9.38
Inventory	22,464	20,457	6,255	7,645	8,238	3,206
Prepaid Expenses	927.02	940.67	106.38	133.79	34.14	41.4
Other Current Assets	1.09	94.73	75.03	59.63	0.48	8.11
Total Current Assets	31,903	23,364	10,461	10,259	9,457	3,787
Property, Plant & Equipment	7,124	7,183	7,460	7,567	3,848	3,572
Other Long-Term Assets	-	2.33	3.11	1.52	10.26	6.16
Total Assets	39,108	30,549	17,924	17,828	13,315	7,365
Accounts Payable	753.6	16,772	4,368	8,535	9,053	1,547
Accrued Expenses	-14.37	1,349	480.43	369.22	348.03	220.92
Current Portion of Long-Term Debt	-	-	45.74	164.79	156.13	1,627
Current Income Taxes Payable	1,257	1,257	686.68	95.34	97.81	31.76
Current Unearned Revenue	1,419	417.34	1,240	93.6	104.66	377.69
Other Current Liabilities	24,706	47.15	1,946	937.79	31.51	29.4
Total Current Liabilities	28,122	19,843	8,767	10,196	9,791	3,834
Long-Term Debt	-	-	-	49.22	237.57	384.99
Long-Term Unearned Revenue	-	-	-	0.62	9.33	33.17
Long-Term Deferred Tax Liabilities	754.15	754.15	881.75	762.67	201.57	104.83
Other Long-Term Liabilities	47.01	-	-	39.86	30.75	40.05
Total Liabilities	29,167	20,856	9,847	11,248	10,461	4,577
Common Stock	89.1	89.1	89.1	89.1	89.1	89.1
Additional Paid-In Capital	89.52	89.52	89.52	89.52	89.52	89.52
Retained Earnings	4,716	4,469	2,853	1,355	1,110	1,043
Comprehensive Income & Other	5,046	5,046	5,046	5,046	1,566	1,566
Shareholders' Equity	9,941	9,693	8,078	6,580	2,854	2,788
Total Liabilities & Equity	39,108	30,549	17,924	17,828	13,315	7,365
Total Debt	-	-	45.74	214.01	393.7	2,012
Net Cash (Debt)	2,544	880.17	2,946	1,548	568.82	-1,490
Net Cash Growth	-38.53%	-70.12%	90.27%	172.17%	-	-
Net Cash Per Share	14.28	4.94	16.53	8.69	3.19	-8.36
Filing Date Shares Outstanding	178.2	178.2	178.2	179.42	178.2	178.2
Total Common Shares Outstanding	178.2	178.2	178.2	179.42	178.2	178.2
Working Capital	3,782	3,521	1,694	63.37	-334.42	-46.97
Book Value Per Share	55.79	54.40	45.33	36.67	16.02	15.64
Tangible Book Value	9,941	9,693	8,078	6,580	2,854	2,788
Tangible Book Value Per Share	55.79	54.40	45.33	36.67	16.02	15.64
Land	5,628	5,628	5,628	5,628	1,761	1,761
Buildings	451.65	451.65	351.69	319.23	136.23	116.17
Machinery	3,944	4,001	3,990	3,849	3,792	3,553
Construction In Progress	-	-	117.13	94.45	282.6	94.36

Updated Jan 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.