Al Salam Bank B.S.C. (BAX: SALAM)

Al Salam Bank B.S.C. Balance Sheet

Financials in millions BHD. 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	872.23	711.3	383.32	395.87	301.38	299.32
Investment Securities	1,313	752.04	789.74	748.02	245.14	298.03
Total Investments	1,313	752.04	789.74	748.02	245.14	298.03
Gross Loans	3,751	2,726	2,037	1,406	1,330	1,109
Allowance for Loan Losses	-60.64	-49.02	-50.58	-40.11	-40.03	-26.54
Net Loans	3,691	2,677	1,987	1,366	1,290	1,083
Property, Plant & Equipment	-	30.01	19.36	3.61	1.96	22.69
Goodwill	-	37.25	33.53	25.97	25.97	25.97
Other Intangible Assets	206.52	40.89	18.47	-	-	-
Investments in Real Estate	128.41	78.07	62.46	60.9	67.59	72.77
Other Receivables	227.74	72.72	64.92	32.19	24.64	12.48
Restricted Cash	4.55	120.16	97.52	45.12	24.85	34.94
Other Current Assets	-	13.75	11.62	7.04	1.3	0.92
Other Long-Term Assets	460.56	614.42	431.71	-	278.28	193
Total Assets	6,903	5,147	3,899	2,685	2,261	2,043
Accounts Payable	-	77.7	36.85	17.42	48.77	28.69
Accrued Expenses	-	14.38	21.44	11.31	-	-
Non-Interest Bearing Deposits	1,327	1,066	550.28	482.74	363.97	289.46
Total Deposits	1,327	1,066	550.28	482.74	363.97	289.46
Short-Term Borrowings	207.15	136.51	187.72	126.89	116.88	-
Current Portion of Long-Term Debt	-	485.5	293.05	82.76	204.21	307.96
Other Current Liabilities	-	6.37	5.7	9.64	1.14	5.58
Long-Term Debt	466.81	25.35	27.94	17.46	17.46	49.09
Long-Term Unearned Revenue	-	47.07	40.25	-	-	-
Pension & Post-Retirement Benefits	-	2.97	2.62	2.09	1.52	1.46
Other Long-Term Liabilities	4,412	2,877	2,396	1,638	1,226	1,040
Total Liabilities	6,413	4,738	3,562	2,388	1,980	1,723
Common Stock	274.78	261.69	249.23	241.97	230.45	221.59
Additional Paid-In Capital	0.21	0.21	0.21	0.21	12.21	12.21
Retained Earnings	64.44	70.33	53.45	38.13	16.23	63.72
Treasury Stock	-10.17	-6.8	-1.33	-12.47	-7.53	-6.76
Comprehensive Income & Other	87.32	11.97	1.69	28.41	29.41	28.62
Total Common Equity	416.58	337.4	303.25	296.25	280.77	319.38
Minority Interest	73.94	71.25	34.1	0.51	0.4	0.7
Shareholders' Equity	490.52	408.65	337.36	296.76	281.17	320.07
Total Liabilities & Equity	6,903	5,147	3,899	2,685	2,261	2,043
Total Debt	673.96	647.36	508.71	227.11	338.55	357.05
Net Cash (Debt)	198.27	63.94	-125.39	170.78	-37.17	-57.73
Net Cash Per Share	0.07	0.02	-0.05	0.06	-0.01	-0.02
Filing Date Shares Outstanding	2,857	2,692	2,588	2,582	2,651	2,658
Total Common Shares Outstanding	2,857	2,692	2,588	2,582	2,651	2,658
Book Value Per Share	0.15	0.13	0.12	0.11	0.11	0.12
Tangible Book Value	210.06	259.26	251.25	270.28	254.8	293.4
Tangible Book Value Per Share	0.07	0.10	0.10	0.10	0.10	0.11

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