Arab Jordan Investment Bank (ASE: AJIB)

AJIB Balance Sheet

Financials in millions JOD. 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	600.14	665.17	576.11	476.72	451.29	352.27
Investment Securities	784.31	811.19	825.81	776.81	741.03	777.21
Trading Asset Securities	-	-	0.66	1.61	1.25	1.2
Total Investments	784.31	811.19	826.48	778.42	742.28	778.41
Gross Loans	862.68	874.38	830.45	886.14	856.51	831.49
Allowance for Loan Losses	-4.45	-23.08	-13.82	-19.01	-20.5	-13.28
Other Adjustments to Gross Loans	-25.52	-3.73	-2.49	-3.22	-2.96	-2.74
Net Loans	832.71	847.57	814.14	863.91	833.05	815.47
Property, Plant & Equipment	75.91	77.2	74.63	71.49	73.09	75.02
Other Intangible Assets	11.64	13.05	1.48	1.74	1.79	1.61
Accrued Interest Receivable	20.56	19.05	19.37	16.7	16.46	18.13
Other Receivables	5.48	-	-	-	-	-
Restricted Cash	82.2	77.82	69.53	61.7	57.3	68.25
Other Current Assets	3.66	2.64	2.8	2.33	1.83	2.05
Long-Term Deferred Tax Assets	3.31	3.31	3.32	3.33	3.36	0.52
Other Real Estate Owned & Foreclosed	29.44	14.9	22.54	21.73	17.13	17.15
Other Long-Term Assets	0.55	5.58	4.04	2.86	2.63	3.17
Total Assets	2,450	2,537	2,414	2,301	2,200	2,132
Accounts Payable	0.33	0.31	0.24	0.3	14.3	31.44
Accrued Expenses	3.17	3.87	2.08	2.3	2	1.67
Interest Bearing Deposits	1,753	1,809	1,668	1,527	1,521	1,491
Non-Interest Bearing Deposits	324.29	149.56	119.53	230.53	254.06	221.07
Total Deposits	2,078	1,958	1,787	1,757	1,775	1,712
Short-Term Borrowings	-	33.2	47.13	36.8	25.22	100
Current Portion of Long-Term Debt	32.97	200	239.29	182.76	95.41	-
Current Income Taxes Payable	7.18	8.1	9.43	8.27	6.95	6.82
Accrued Interest Payable	17.83	13.42	8.76	7.57	5.82	8.63
Other Current Liabilities	11.1	70.12	50.84	44.78	44.12	36.12
Long-Term Debt	-	-	-	-	-	4.46
Long-Term Leases	-	2.52	2.45	2.17	2.46	2.93
Long-Term Unearned Revenue	0.3	0.65	0.52	0.55	0.58	0.6
Pension & Post-Retirement Benefits	-	0.94	0.52	0.51	0.54	0.51
Other Long-Term Liabilities	67.46	8.32	32.87	28.96	3.67	10.9
Total Liabilities	2,218	2,300	2,181	2,072	1,976	1,916
Common Stock	150	150	150	150	150	150
Retained Earnings	54.65	69.65	66.08	63.44	61.35	51.71
Comprehensive Income & Other	8.55	-1.41	-2.04	-3.36	-5.23	-5.02
Total Common Equity	213.2	218.25	214.04	210.08	206.11	196.69
Minority Interest	18.62	19.37	19.18	18.82	18.46	19.16
Shareholders' Equity	231.82	237.62	233.23	228.9	224.57	215.85
Total Liabilities & Equity	2,450	2,537	2,414	2,301	2,200	2,132
Total Debt	32.97	235.72	288.87	221.73	123.09	107.38
Net Cash (Debt)	618.21	458	293.72	256.59	343.63	270.94
Net Cash Growth	41.24%	55.93%	14.47%	-25.33%	26.83%	15.46%
Net Cash Per Share	4.12	3.05	1.96	1.71	2.29	1.81
Filing Date Shares Outstanding	150	150	150	150	150	150
Total Common Shares Outstanding	150	150	150	150	150	150
Book Value Per Share	1.42	1.45	1.43	1.40	1.37	1.31
Tangible Book Value	201.55	205.19	212.57	208.34	204.32	195.08
Tangible Book Value Per Share	1.34	1.37	1.42	1.39	1.36	1.30

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