Jordan Kuwait Bank (ASE: JOKB)

Jordan Kuwait Bank 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	1,576	1,287	511.3	386.04	424.17	442.09
Investment Securities	1,335	1,239	712.97	579.55	497.98	404.98
Trading Asset Securities	6.07	24.76	20.96	4.13	-	-
Total Investments	1,342	1,264	733.93	583.68	497.98	404.98
Gross Loans	2,207	2,237	2,105	1,843	1,696	1,670
Allowance for Loan Losses	-197.66	-195.41	-152.37	-126.25	-115.1	-77.23
Other Adjustments to Gross Loans	-41.38	-34.5	-30.08	-29.53	-24.59	-18.68
Net Loans	1,968	2,007	1,923	1,687	1,557	1,574
Property, Plant & Equipment	95.77	81.61	40.93	43.58	40.21	38.88
Other Intangible Assets	13.85	11.91	7.24	5.66	1.96	1.36
Accrued Interest Receivable	47.21	50.18	36	30.7	25.01	16.94
Other Receivables	7.87	3.63	4.4	7.58	4.22	2.43
Restricted Cash	344.35	325.77	92.85	73.3	74.45	94
Other Current Assets	26.47	30.43	3.06	2.03	7.51	6.42
Long-Term Deferred Tax Assets	54.06	58.72	56.3	43.49	36.72	31.14
Other Real Estate Owned & Foreclosed	116.54	103.29	125.33	131.97	133.54	136.51
Other Long-Term Assets	13.23	21.46	12.96	9.82	7.6	7.48
Total Assets	5,605	5,244	3,547	3,005	2,810	2,756
Accounts Payable	-	4.81	4.12	2.36	0.74	0.98
Accrued Expenses	4.12	1.86	1.61	1.5	1.4	0.92
Interest Bearing Deposits	2,150	2,121	1,815	1,426	1,443	1,422
Non-Interest Bearing Deposits	1,945	1,673	720.14	682.66	622.7	598.96
Total Deposits	4,095	3,794	2,535	2,109	2,065	2,021
Short-Term Borrowings	60.62	63.3	61.56	23.53	-	16.01
Current Portion of Long-Term Debt	-	-	11	13.27	14.32	29.52
Current Portion of Leases	-	-	-	2.7	3.18	-
Current Income Taxes Payable	20.18	32.64	18.78	9.75	2.18	14.76
Accrued Interest Payable	26.18	27.1	16.52	10.07	10.4	16.52
Other Current Liabilities	185.91	172.43	129.09	102.05	84.27	91.97
Long-Term Debt	317.22	335.31	235.04	213.32	124.93	56.68
Long-Term Leases	12.41	12.79	10.73	9.83	9.21	13.25
Pension & Post-Retirement Benefits	17.94	16.72	12.15	10.77	12.84	11.3
Long-Term Deferred Tax Liabilities	3.99	3.5	7.46	4.64	2.56	3.49
Other Long-Term Liabilities	56.84	52.13	26.21	24.55	22.03	20.53
Total Liabilities	4,801	4,517	3,069	2,537	2,353	2,296
Common Stock	150	150	150	150	150	100
Retained Earnings	395.9	360.64	317.9	309.79	302.45	357.25
Comprehensive Income & Other	105.87	104.11	7.94	7.6	3.98	2.28
Total Common Equity	651.77	614.74	475.83	467.4	456.43	459.53
Minority Interest	152.36	112.77	1.72	0.28	-	-
Shareholders' Equity	804.13	727.51	477.56	467.67	456.43	459.53
Total Liabilities & Equity	5,605	5,244	3,547	3,005	2,810	2,756
Total Debt	390.26	411.4	318.33	262.65	151.65	115.45
Net Cash (Debt)	1,192	900.17	213.92	137.53	282.53	326.83
Net Cash Growth	149.89%	320.79%	55.55%	-51.32%	-13.56%	26.70%
Net Cash Per Share	7.94	6.00	1.43	0.92	1.88	2.18
Filing Date Shares Outstanding	150	150	150	150	150	150
Total Common Shares Outstanding	150	150	150	150	150	150
Book Value Per Share	3.75	3.50	3.17	3.12	3.04	3.06
Tangible Book Value	637.93	602.84	468.59	461.73	454.47	458.17
Tangible Book Value Per Share	3.66	3.43	3.12	3.08	3.03	3.05

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