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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	618.64	711.3	383.32	395.87	301.38	299.32
Investment Securities	2,055	752.04	789.74	748.02	245.14	298.03
Total Investments	2,055	752.04	789.74	748.02	245.14	298.03
Gross Loans	-	2,726	2,037	1,406	1,330	1,109
Allowance for Loan Losses	-	-49.02	-50.58	-40.11	-40.03	-26.54
Net Loans	-	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	205.37	40.89	18.47	-	-	-
Investments in Real Estate	130.03	78.07	62.46	60.9	67.59	72.77
Other Receivables	-	72.72	64.92	32.19	24.64	12.48
Restricted Cash	-	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	180.07	614.42	431.71	-	278.28	193
Total Assets	6,874	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	1,293	1,066	550.28	482.74	363.97	289.46
Total Deposits	1,293	1,066	550.28	482.74	363.97	289.46
Short-Term Borrowings	190.32	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	612.48	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	4,266	2,877	2,396	1,638	1,226	1,040
Total Liabilities	6,362	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	51.53	70.33	53.45	38.13	16.23	63.72
Treasury Stock	-28.01	-6.8	-1.33	-12.47	-7.53	-6.76
Comprehensive Income & Other	134.97	11.97	1.69	28.41	29.41	28.62
Total Common Equity	433.48	337.4	303.25	296.25	280.77	319.38
Minority Interest	78.21	71.25	34.1	0.51	0.4	0.7
Shareholders' Equity	511.69	408.65	337.36	296.76	281.17	320.07
Total Liabilities & Equity	6,874	5,147	3,899	2,685	2,261	2,043
Total Debt	802.8	647.36	508.71	227.11	338.55	357.05
Net Cash (Debt)	156.44	63.94	-125.39	170.78	-37.17	-57.73
Net Cash Per Share	0.06	0.02	-0.05	0.06	-0.01	-0.02
Filing Date Shares Outstanding	2,865	2,692	2,588	2,582	2,651	2,658
Total Common Shares Outstanding	2,865	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	228.12	259.26	251.25	270.28	254.8	293.4
Tangible Book Value Per Share	0.08	0.10	0.10	0.10	0.10	0.11

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