Sharjah Islamic Bank PJSC (ADX: SIB)

Sharjah Islamic Bank PJSC Balance Sheet

Financials in millions AED. 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	12,421	4,894	7,051	10,546	6,440	3,958
Investment Securities	7,848	8,247	4,620	4,001	4,566	2,259
Trading Asset Securities	721.46	728.57	370.72	219.15	104.99	297.4
Total Investments	8,569	8,975	4,990	4,220	4,671	2,556
Gross Loans	38,273	36,063	33,484	31,422	31,564	27,082
Allowance for Loan Losses	-1,650	-1,608	-1,537	-1,331	-1,288	-1,118
Other Adjustments to Gross Loans	-1,424	-1,424	-1,275	-1,082	-1,008	-820.58
Net Loans	35,199	33,030	30,672	29,009	29,269	25,143
Property, Plant & Equipment	883.3	889.94	911.95	883.69	925.02	924.22
Other Intangible Assets	58.53	61.66	61.99	65.87	-	-
Loans Held for Sale	-	-	-	-	39.48	78.42
Investments in Real Estate	2,971	2,823	3,086	2,825	2,886	2,700
Other Receivables	1,890	7,610	5,261	2,453	3,420	5,223
Restricted Cash	3,434	1,829	2,282	1,776	1,933	1,689
Other Current Assets	884.66	828.64	946.09	924.09	837.44	732.65
Other Long-Term Assets	7,926	4,938	3,861	2,255	3,180	3,386
Total Assets	74,237	65,879	59,123	54,957	53,601	46,390
Accounts Payable	257.19	244.64	443.43	194.41	64.47	142.63
Accrued Expenses	101.37	83.88	62.21	51.52	39.2	47.97
Interest Bearing Deposits	36,958	41,457	35,014	32,475	30,766	24,884
Non-Interest Bearing Deposits	12,503	12,778	11,167	10,097	8,802	7,269
Total Deposits	49,462	54,235	46,181	42,572	39,568	32,153
Short-Term Borrowings	-	25.8	12.31	146.07	13.85	288.46
Current Portion of Long-Term Debt	1,835	-	1,836	-	1,835	1,836
Current Income Taxes Payable	77.05	66	80.69	71.1	66.42	62.44
Accrued Interest Payable	602.2	522.5	249.58	133.03	200.08	242.16
Other Current Liabilities	323.86	314.55	235.04	203.18	217.17	127.17
Long-Term Debt	12,623	1,835	1,834	3,667	3,665	3,667
Long-Term Leases	16.93	18.66	14.14	7.32	17.79	31.13
Pension & Post-Retirement Benefits	114.9	106.27	97.12	84.52	75.74	70.77
Other Long-Term Liabilities	487.13	300.43	444.97	131.91	192.4	192.82
Total Liabilities	65,904	57,752	51,490	47,262	45,955	38,861
Common Stock	5,072	5,072	4,918	4,918	4,918	4,771
Retained Earnings	3,425	3,238	3,020	2,789	2,683	2,734
Comprehensive Income & Other	-164.34	-183.85	-305.58	-12.1	44.38	23.39
Shareholders' Equity	8,333	8,127	7,632	7,695	7,645	7,529
Total Liabilities & Equity	74,237	65,879	59,123	54,957	53,601	46,390
Total Debt	14,475	1,879	3,696	3,821	5,532	5,823
Net Cash (Debt)	-1,332	3,743	3,725	6,944	1,013	-1,567
Net Cash Growth	-	0.47%	-46.35%	585.53%	-	-
Net Cash Per Share	-0.41	1.16	1.15	2.15	0.31	-0.48
Filing Date Shares Outstanding	3,236	3,236	3,236	3,236	3,236	3,236
Total Common Shares Outstanding	3,236	3,236	3,236	3,236	3,236	3,236
Book Value Per Share	2.58	2.51	2.36	2.38	2.36	2.33
Tangible Book Value	8,274	8,065	7,570	7,629	7,645	7,529
Tangible Book Value Per Share	2.56	2.49	2.34	2.36	2.36	2.33

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