Bank of Africa Balance Sheet

Financials in millions MAD. Fiscal year is January - December.

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	18,804	6,730	4,440	4,958	4,059	4,371
Investment Securities	58,575	88,103	79,251	85,891	72,031	72,292
Trading Asset Securities	65,664	58,961	46,813	42,305	35,605	29,529
Total Investments	124,238	147,064	126,063	128,197	107,635	101,821
Gross Loans	258,917	248,029	236,503	228,011	210,385	205,254
Allowance for Loan Losses	-	-20,041	-18,766	-17,910	-16,979	-16,060
Net Loans	258,917	227,988	217,738	210,101	193,407	189,194
Property, Plant & Equipment	8,990	8,694	8,642	8,561	8,518	8,945
Goodwill	1,018	1,018	1,018	1,032	1,032	1,032
Other Intangible Assets	1,821	1,597	1,409	1,293	1,223	1,310
Investments in Real Estate	3,179	3,314	3,381	3,434	3,560	3,685
Accrued Interest Receivable	8,791	1,063	1,346	1,340	1,549	1,775
Other Receivables	2,038	8,429	7,265	7,834	5,363	5,314
Restricted Cash	-	14,460	14,035	13,468	15,678	11,921
Other Current Assets	-	216.22	182.57	174.88	176.29	147.92
Long-Term Deferred Tax Assets	2,710	2,610	2,537	2,444	2,467	2,084
Other Long-Term Assets	0	94.64	128.11	318.92	390.62	312.17
Total Assets	430,507	423,279	388,185	383,155	345,058	331,912
Accrued Expenses	21,702	1,900	2,140	1,845	1,357	1,094
Interest Bearing Deposits	265,136	90,625	86,624	92,422	86,275	82,056
Non-Interest Bearing Deposits	-	174,704	155,510	156,084	138,328	128,969
Total Deposits	265,136	265,329	242,134	248,506	224,602	211,025
Short-Term Borrowings	-	46,526	35,680	32,579	26,049	21,728
Current Portion of Long-Term Debt	-	6,901	8,564	5,102	4,012	8,194
Current Income Taxes Payable	2,709	2,036	1,440	1,552	1,357	877.98
Other Current Liabilities	-	8,163	5,017	4,233	1,741	1,656
Long-Term Debt	98,515	42,989	47,688	46,993	47,019	49,806
Long-Term Leases	-	1,176	1,207	1,221	1,260	1,091
Pension & Post-Retirement Benefits	-	433.6	487.74	476.64	526.97	504.28
Long-Term Deferred Tax Liabilities	1,303	1,227	1,167	1,179	1,188	1,258
Other Long-Term Liabilities	2,022	9,784	8,766	7,627	6,446	6,697
Total Liabilities	391,387	386,464	354,291	351,313	315,559	303,931
Common Stock	22,177	2,158	2,126	2,088	2,056	2,056
Retained Earnings	3,011	3,427	2,662	2,305	2,007	737.83
Comprehensive Income & Other	5,835	23,544	21,961	20,813	19,744	19,766
Total Common Equity	31,023	29,129	26,749	25,205	23,808	22,559
Minority Interest	8,097	7,685	7,145	6,637	5,691	5,421
Shareholders' Equity	39,120	36,815	33,894	31,842	29,499	27,981
Total Liabilities & Equity	430,507	423,279	388,185	383,155	345,058	331,912
Total Debt	98,515	97,592	93,139	85,894	78,340	80,819
Net Cash (Debt)	-14,047	879.69	-22,018	-12,939	-14,061	-19,554
Net Cash Per Share	-63.77	3.99	-99.95	-58.74	-63.83	-88.77
Filing Date Shares Outstanding	220.28	220.28	220.28	220.28	220.28	220.28
Total Common Shares Outstanding	220.28	220.28	220.28	220.28	220.28	220.28
Book Value Per Share	140.84	132.24	121.43	114.42	108.08	102.41
Tangible Book Value	28,184	26,514	24,322	22,880	21,553	20,217
Tangible Book Value Per Share	127.94	120.36	110.41	103.87	97.84	91.78

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.