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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	28,227	5,957	6,730	4,440	4,958	4,059
Investment Securities	61,657	88,322	88,103	79,251	85,891	72,031
Trading Asset Securities	66,534	57,782	58,961	46,813	42,305	35,605
Total Investments	128,191	146,104	147,064	126,063	128,197	107,635
Gross Loans	269,882	257,344	248,029	236,503	228,011	210,385
Allowance for Loan Losses	-	-21,953	-20,041	-18,766	-17,910	-16,979
Net Loans	269,882	235,391	227,988	217,738	210,101	193,407
Property, Plant & Equipment	9,198	9,294	8,694	8,642	8,561	8,518
Goodwill	1,018	1,018	1,018	1,018	1,032	1,032
Other Intangible Assets	1,807	1,757	1,597	1,409	1,293	1,223
Investments in Real Estate	3,113	3,114	3,314	3,381	3,434	3,560
Accrued Interest Receivable	12,825	1,029	1,063	1,346	1,340	1,549
Other Receivables	1,240	12,878	8,429	7,265	7,834	5,363
Restricted Cash	-	18,151	14,460	14,035	13,468	15,678
Other Current Assets	-	218.58	216.22	182.57	174.88	176.29
Long-Term Deferred Tax Assets	2,705	2,670	2,610	2,537	2,444	2,467
Other Long-Term Assets	-	96.36	94.64	128.11	318.92	390.62
Total Assets	458,206	437,678	423,279	388,185	383,155	345,058
Accrued Expenses	24,201	2,348	1,900	2,140	1,845	1,357
Interest Bearing Deposits	285,352	90,598	90,625	86,624	92,422	86,275
Non-Interest Bearing Deposits	-	194,034	174,704	155,510	156,084	138,328
Total Deposits	285,352	284,632	265,329	242,134	248,506	224,602
Short-Term Borrowings	-	33,219	46,526	35,680	32,579	26,049
Current Portion of Long-Term Debt	-	7,356	6,901	8,564	5,102	4,012
Current Income Taxes Payable	1,659	2,424	2,036	1,440	1,552	1,357
Other Current Liabilities	-	4,756	8,163	5,017	4,233	1,741
Long-Term Debt	102,015	46,073	42,989	47,688	46,993	47,019
Long-Term Leases	-	1,005	1,176	1,207	1,221	1,260
Pension & Post-Retirement Benefits	-	444.83	433.6	487.74	476.64	526.97
Long-Term Deferred Tax Liabilities	1,301	1,292	1,227	1,167	1,179	1,188
Other Long-Term Liabilities	2,242	13,701	9,784	8,766	7,627	6,446
Total Liabilities	416,770	397,251	386,464	354,291	351,313	315,559
Common Stock	22,179	2,203	2,158	2,126	2,088	2,056
Retained Earnings	1,876	3,814	3,427	2,662	2,305	2,007
Comprehensive Income & Other	8,647	25,778	23,544	21,961	20,813	19,744
Total Common Equity	32,703	31,794	29,129	26,749	25,205	23,808
Minority Interest	8,734	8,632	7,685	7,145	6,637	5,691
Shareholders' Equity	41,437	40,426	36,815	33,894	31,842	29,499
Total Liabilities & Equity	458,206	437,678	423,279	388,185	383,155	345,058
Total Debt	102,015	87,654	97,592	93,139	85,894	78,340
Net Cash (Debt)	-7,253	6,380	879.69	-22,018	-12,939	-14,061
Net Cash Growth	-	625.21%	-	-	-	-
Net Cash Per Share	-32.93	28.96	3.99	-99.95	-58.74	-63.83
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	148.46	144.33	132.24	121.43	114.42	108.08
Tangible Book Value	29,877	29,019	26,514	24,322	22,880	21,553
Tangible Book Value Per Share	135.63	131.74	120.36	110.41	103.87	97.84