Kuwait Finance House K.S.C.P. (BAX: KFH)

KFH Balance Sheet

Financials in millions KWD. 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	3,215	3,048	3,201	2,888	3,352	2,520
Investment Securities	6,898	7,264	6,438	3,033	3,069	2,670
Trading Asset Securities	363.65	774.13	650.23	448.42	386.38	321.35
Total Investments	7,262	8,038	7,088	3,482	3,455	2,991
Gross Loans	20,063	22,519	21,399	13,383	12,704	11,272
Allowance for Loan Losses	-926.82	-947.7	-925.9	-651.38	-570.98	-473.15
Other Adjustments to Gross Loans	-	-2,146	-1,672	-1,376	-1,386	-1,325
Net Loans	19,136	19,425	18,801	11,355	10,748	9,474
Property, Plant & Equipment	366.95	358.69	334.6	204.44	230.49	228.96
Goodwill	-	2,099	2,127	-	-	0.29
Other Intangible Assets	2,327	298.89	335.43	32.35	32.39	31.04
Investments in Real Estate	383.39	376.62	399.87	325.13	350.84	455.41
Other Receivables	1,358	1,794	2,552	1,609	1,732	2,370
Restricted Cash	1,253	1,856	1,448	1,242	821.12	756.58
Other Current Assets	95.09	207.54	245.52	254.44	162.04	275.07
Long-Term Deferred Tax Assets	-	74.63	28.95	48.31	43.94	22.54
Other Long-Term Assets	863.64	432.89	408.25	346.61	574.84	265.44
Total Assets	36,259	38,010	36,969	21,788	21,502	19,391
Accounts Payable	-	339.62	274.31	247.83	221.73	196.93
Accrued Expenses	-	192.13	246.1	177.37	185.82	174.82
Interest Bearing Deposits	19,865	21,813	21,030	15,867	15,317	13,553
Total Deposits	19,865	21,813	21,030	15,867	15,317	13,553
Short-Term Borrowings	-	95.48	75.08	21.6	-	-
Current Portion of Long-Term Debt	-	5,724	5,307	2,587	2,817	2,144
Other Current Liabilities	-	62.97	84.34	72.95	66.93	57.58
Long-Term Debt	8,676	2,895	3,111	224.31	452.55	602.65
Long-Term Unearned Revenue	-	10.39	10.82	34.31	34.22	31.65
Pension & Post-Retirement Benefits	-	117.27	110.38	84.62	78.21	76.1
Other Long-Term Liabilities	1,466	596.6	434.42	163.99	227.46	310.63
Total Liabilities	30,008	31,847	30,683	19,481	19,401	17,147
Common Stock	1,711	1,476	1,342	844.16	767.41	697.65
Additional Paid-In Capital	4,285	3,627	3,627	735.36	735.36	732.23
Retained Earnings	1,253	1,033	884.07	701.17	646.62	828.12
Treasury Stock	-822.16	-113.1	-41.76	-27.74	-27.74	-36.24
Comprehensive Income & Other	-557.17	-204.67	48.15	-94.47	-185.61	-161.37
Total Common Equity	5,870	5,818	5,859	2,158	1,936	2,060
Minority Interest	381.89	345.05	426.63	148.7	165.36	182.98
Shareholders' Equity	6,252	6,163	6,286	2,307	2,101	2,243
Total Liabilities & Equity	36,259	38,010	36,969	21,788	21,502	19,391
Total Debt	8,676	8,715	8,493	2,833	3,269	2,747
Net Cash (Debt)	-5,097	-4,892	-4,641	503.51	468.72	94.22
Net Cash Growth	-	-	-	7.42%	397.47%	-
Net Cash Per Share	-0.32	-0.31	-0.37	0.05	0.04	0.01
Filing Date Shares Outstanding	15,930	15,873	15,979	11,039	11,039	11,010
Total Common Shares Outstanding	15,930	15,873	15,979	11,039	11,039	11,010
Book Value Per Share	0.34	0.33	0.34	0.17	0.18	0.19
Tangible Book Value	3,543	3,420	3,397	2,126	1,904	2,029
Tangible Book Value Per Share	0.19	0.18	0.18	0.17	0.17	0.18

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