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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,509	1,287	511.3	386.04	424.17	442.09
Investment Securities	1,486	1,239	712.97	579.55	497.98	404.98
Trading Asset Securities	6.17	24.76	20.96	4.13	-	-
Total Investments	1,492	1,264	733.93	583.68	497.98	404.98
Gross Loans	2,265	2,237	2,105	1,843	1,696	1,670
Allowance for Loan Losses	-214.02	-195.41	-152.37	-126.25	-115.1	-77.23
Other Adjustments to Gross Loans	-42.92	-34.5	-30.08	-29.53	-24.59	-18.68
Net Loans	2,008	2,007	1,923	1,687	1,557	1,574
Property, Plant & Equipment	94.66	81.61	40.93	43.58	40.21	38.88
Other Intangible Assets	13.41	11.91	7.24	5.66	1.96	1.36
Accrued Interest Receivable	42.72	50.18	36	30.7	25.01	16.94
Other Receivables	13.99	3.63	4.4	7.58	4.22	2.43
Restricted Cash	396.91	325.77	92.85	73.3	74.45	94
Other Current Assets	27.52	30.43	3.06	2.03	7.51	6.42
Long-Term Deferred Tax Assets	57.16	58.72	56.3	43.49	36.72	31.14
Other Real Estate Owned & Foreclosed	113.26	103.29	125.33	131.97	133.54	136.51
Other Long-Term Assets	9.52	21.46	12.96	9.82	7.6	7.48
Total Assets	5,778	5,244	3,547	3,005	2,810	2,756
Accounts Payable	4.72	4.81	4.12	2.36	0.74	0.98
Accrued Expenses	2.5	1.86	1.61	1.5	1.4	0.92
Interest Bearing Deposits	4,221	2,121	1,815	1,426	1,443	1,422
Non-Interest Bearing Deposits	-	1,673	720.14	682.66	622.7	598.96
Total Deposits	4,221	3,794	2,535	2,109	2,065	2,021
Short-Term Borrowings	-	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	28.06	32.64	18.78	9.75	2.18	14.76
Accrued Interest Payable	29.01	27.1	16.52	10.07	10.4	16.52
Other Current Liabilities	187.87	172.43	129.09	102.05	84.27	91.97
Long-Term Debt	373.3	335.31	235.04	213.32	124.93	56.68
Long-Term Leases	12.43	12.79	10.73	9.83	9.21	13.25
Pension & Post-Retirement Benefits	-	16.72	12.15	10.77	12.84	11.3
Long-Term Deferred Tax Liabilities	2.4	3.5	7.46	4.64	2.56	3.49
Other Long-Term Liabilities	69.17	52.13	26.21	24.55	22.03	20.53
Total Liabilities	4,930	4,517	3,069	2,537	2,353	2,296
Common Stock	150	150	150	150	150	100
Retained Earnings	429.82	360.64	317.9	309.79	302.45	357.25
Comprehensive Income & Other	106.75	104.11	7.94	7.6	3.98	2.28
Total Common Equity	686.57	614.74	475.83	467.4	456.43	459.53
Minority Interest	161.3	112.77	1.72	0.28	-	-
Shareholders' Equity	847.86	727.51	477.56	467.67	456.43	459.53
Total Liabilities & Equity	5,778	5,244	3,547	3,005	2,810	2,756
Total Debt	385.73	411.4	318.33	262.65	151.65	115.45
Net Cash (Debt)	1,129	900.17	213.92	137.53	282.53	326.83
Net Cash Growth	7.26%	320.79%	55.55%	-51.32%	-13.56%	26.70%
Net Cash Per Share	7.53	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	3.98	3.50	3.17	3.12	3.04	3.06
Tangible Book Value	673.16	602.84	468.59	461.73	454.47	458.17
Tangible Book Value Per Share	3.89	3.43	3.12	3.08	3.03	3.05

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