Grupo Bolívar S.A. (BVC: GRUBOLIVAR)

Grupo Bolívar Balance Sheet

Financials in millions COP. 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	11,576,641	6,829,246	5,176,786	6,108,924	4,436,436	3,257,954
Investment Securities	35,896,394	22,562,175	22,193,755	17,213,959	15,482,689	11,202,983
Trading Asset Securities	2,060,558	14,627,737	11,033,880	9,548,287	11,111,963	8,962,809
Total Investments	37,956,952	37,189,912	33,227,635	26,762,246	26,594,652	20,165,792
Gross Loans	138,302,436	134,926,001	143,936,737	118,012,382	106,187,437	97,066,774
Allowance for Loan Losses	-5,942,083	-6,076,494	-6,319,480	-5,375,608	-6,396,737	-4,146,315
Net Loans	132,360,353	128,849,507	137,617,257	112,636,774	99,790,700	92,920,459
Property, Plant & Equipment	1,998,958	1,946,517	2,246,390	2,173,365	1,910,770	1,954,690
Goodwill	1,562,621	1,562,621	1,562,621	1,562,621	1,645,918	1,645,918
Other Intangible Assets	540,506	485,105	445,680	319,111	265,251	265,915
Investments in Real Estate	901,924	910,506	420,119	167,938	163,922	150,925
Accrued Interest Receivable	-	75,393	62,832	29,296	36,738	20,840
Other Receivables	10,377,637	7,256,224	6,071,114	4,848,436	3,606,827	2,752,609
Restricted Cash	2,402,547	8,641,505	9,640,722	7,327,958	6,638,550	6,660,200
Other Current Assets	7,521,082	8,550,004	6,303,833	6,791,659	5,579,018	3,741,282
Long-Term Deferred Tax Assets	393,652	149,860	128,044	89,351	60,906	32,821
Other Real Estate Owned & Foreclosed	-	17,864	194,846	253,692	250,366	242,150
Other Long-Term Assets	884,710	542,909	252,983	137,381	82,591	62,959
Total Assets	208,477,583	203,007,173	203,350,862	169,208,752	151,062,645	133,874,514
Accounts Payable	5,706,323	3,842,453	2,954,748	1,919,976	1,404,024	1,217,173
Accrued Expenses	465,642	335,380	364,059	298,284	277,752	251,276
Interest Bearing Deposits	121,641,600	114,467,310	110,736,538	90,404,922	78,390,258	69,130,248
Non-Interest Bearing Deposits	6,439,480	8,565,048	8,592,297	8,844,166	8,606,626	6,138,257
Total Deposits	128,081,080	123,032,358	119,328,835	99,249,088	86,996,884	75,268,505
Short-Term Borrowings	8,171,796	5,348,366	4,479,924	2,575,526	4,097,292	2,671,068
Current Portion of Long-Term Debt	4,272,120	3,848,563	8,509,144	5,020,180	5,950,754	6,635,031
Current Portion of Leases	-	210,655	192,633	177,419	175,345	599,114
Current Income Taxes Payable	48,452	168,885	659,700	139,823	99,355	225,074
Other Current Liabilities	859,370	3,890,670	3,367,237	2,889,488	2,519,466	2,887,015
Long-Term Debt	26,343,202	28,853,470	31,353,345	28,383,409	23,527,349	20,711,813
Long-Term Leases	-	602,865	653,951	663,948	743,542	407,186
Long-Term Unearned Revenue	-	307,847	379,580	299,054	264,771	272,104
Pension & Post-Retirement Benefits	439,863	152,707	128,605	122,934	117,497	108,173
Long-Term Deferred Tax Liabilities	199,814	265,376	617,222	833,856	835,830	954,670
Other Long-Term Liabilities	15,150,957	12,999,664	10,617,422	8,628,310	7,744,807	5,956,345
Total Liabilities	189,738,619	183,859,259	183,606,405	151,201,295	134,754,668	118,164,547
Common Stock	8,275	8,034	8,034	8,034	8,034	8,034
Additional Paid-In Capital	658,838	512,413	511,606	510,289	507,848	506,862
Retained Earnings	-1,746,480	-273,415	986,264	1,199,080	688,951	1,574,545
Treasury Stock	-	-52,920	-53,004	-53,102	-53,355	-53,487
Comprehensive Income & Other	13,232,922	12,549,546	11,225,428	10,129,732	9,551,485	8,177,249
Total Common Equity	12,153,555	12,743,658	12,678,328	11,794,033	10,702,963	10,213,203
Minority Interest	6,585,409	6,404,256	7,066,129	6,213,424	5,605,014	5,496,764
Shareholders' Equity	18,738,964	19,147,914	19,744,457	18,007,457	16,307,977	15,709,967
Total Liabilities & Equity	208,477,583	203,007,173	203,350,862	169,208,752	151,062,645	133,874,514
Total Debt	38,787,118	38,863,919	45,188,997	36,820,482	34,494,282	31,024,212
Net Cash (Debt)	-25,149,919	-16,869,941	-27,794,129	-21,012,295	-18,705,434	-18,788,823
Net Cash Per Share	-315828.91	-213275.05	-351437.63	-265766.02	-236677.29	-237826.23
Filing Date Shares Outstanding	78.99	79.11	79.09	79.08	79.04	79.02
Total Common Shares Outstanding	78.99	79.11	79.09	79.08	79.04	79.02
Book Value Per Share	153868.98	161094.60	160295.77	149145.05	135416.68	129254.60
Tangible Book Value	10,050,428	10,695,932	10,670,027	9,912,301	8,791,794	8,301,370
Tangible Book Value Per Share	127242.54	135208.97	134904.24	125349.03	111236.07	105059.14

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