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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	6,727	4,894	7,051	10,546	6,440	3,958
Investment Securities	8,293	8,247	4,620	4,001	4,566	2,259
Trading Asset Securities	747.08	728.57	370.72	219.15	104.99	297.4
Total Investments	9,040	8,975	4,990	4,220	4,671	2,556
Gross Loans	39,659	36,063	33,484	31,422	31,564	27,082
Allowance for Loan Losses	-1,670	-1,608	-1,537	-1,331	-1,288	-1,118
Other Adjustments to Gross Loans	-1,438	-1,424	-1,275	-1,082	-1,008	-820.58
Net Loans	36,551	33,030	30,672	29,009	29,269	25,143
Property, Plant & Equipment	894.38	889.94	911.95	883.69	925.02	924.22
Other Intangible Assets	61.19	61.66	61.99	65.87	-	-
Loans Held for Sale	-	-	-	-	39.48	78.42
Investments in Real Estate	2,989	2,823	3,086	2,825	2,886	2,700
Other Receivables	5,669	7,610	5,261	2,453	3,420	5,223
Restricted Cash	3,815	1,829	2,282	1,776	1,933	1,689
Other Current Assets	796.78	828.64	946.09	924.09	837.44	732.65
Other Long-Term Assets	8,252	4,938	3,861	2,255	3,180	3,386
Total Assets	74,796	65,879	59,123	54,957	53,601	46,390
Accounts Payable	206.77	244.64	443.43	194.41	64.47	142.63
Accrued Expenses	137.48	83.88	62.21	51.52	39.2	47.97
Interest Bearing Deposits	36,388	41,457	35,014	32,475	30,766	24,884
Non-Interest Bearing Deposits	11,607	12,778	11,167	10,097	8,802	7,269
Total Deposits	47,995	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	1,836	-	1,836	-	1,835	1,836
Current Income Taxes Payable	92.89	66	80.69	71.1	66.42	62.44
Accrued Interest Payable	785.41	522.5	249.58	133.03	200.08	242.16
Other Current Liabilities	411.69	314.55	235.04	203.18	217.17	127.17
Long-Term Debt	13,938	1,835	1,834	3,667	3,665	3,667
Long-Term Leases	22.02	18.66	14.14	7.32	17.79	31.13
Pension & Post-Retirement Benefits	117.06	106.27	97.12	84.52	75.74	70.77
Other Long-Term Liabilities	550.04	300.43	444.97	131.91	192.4	192.82
Total Liabilities	66,102	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	3,715	3,238	3,020	2,789	2,683	2,734
Comprehensive Income & Other	-93.25	-183.85	-305.58	-12.1	44.38	23.39
Shareholders' Equity	8,694	8,127	7,632	7,695	7,645	7,529
Total Liabilities & Equity	74,796	65,879	59,123	54,957	53,601	46,390
Total Debt	15,796	1,879	3,696	3,821	5,532	5,823
Net Cash (Debt)	-8,321	3,743	3,725	6,944	1,013	-1,567
Net Cash Growth	-	0.47%	-46.35%	585.53%	-	-
Net Cash Per Share	-2.57	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	2.69	2.51	2.36	2.38	2.36	2.33
Tangible Book Value	8,633	8,065	7,570	7,629	7,645	7,529
Tangible Book Value Per Share	2.67	2.49	2.34	2.36	2.36	2.33

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