Crédit du Maroc S.A. (CBSE: CDM)

Crédit du Maroc Balance Sheet

Financials in millions MAD. 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	1,625	2,266	1,867	1,925	2,559	2,005
Investment Securities	1,825	5,971	6,889	6,554	5,026	7,330
Trading Asset Securities	5,020	2,367	1,367	2,240	442.44	1,220
Total Investments	6,845	8,338	8,257	8,794	5,469	8,550
Gross Loans	59,927	54,110	51,101	47,427	47,999	45,402
Allowance for Loan Losses	-	-3,781	-3,526	-3,592	-4,060	-3,547
Net Loans	59,927	50,329	47,575	43,836	43,939	41,855
Property, Plant & Equipment	1,481	1,496	1,478	1,410	1,352	1,321
Other Intangible Assets	875.6	795.98	600.9	464.32	330.81	254.37
Accrued Interest Receivable	626.23	16.19	27.27	339.49	428.15	640.26
Other Receivables	4.36	3,862	2,901	2,424	3,428	4,244
Other Current Assets	-	2.96	5.69	-	-	-
Long-Term Deferred Tax Assets	169.38	159.79	151.51	154.19	408.04	290.44
Other Long-Term Assets	0	-	0.17	0	0	-
Total Assets	71,554	67,265	62,863	59,346	57,913	59,159
Accrued Expenses	2,407	367.8	319.14	222.59	-	1,350
Interest Bearing Deposits	54,753	51,755	48,582	46,239	44,525	43,806
Total Deposits	54,753	51,755	48,582	46,239	44,525	43,806
Short-Term Borrowings	12.96	630.9	592.66	355.76	14.35	10
Current Income Taxes Payable	168.47	125.1	57.98	124.42	13.05	35.61
Long-Term Debt	6,391	5,199	5,166	4,596	5,305	7,393
Long-Term Leases	-	62.3	90.8	117.65	121.82	118.34
Long-Term Unearned Revenue	-	-	-	-	1,311	-
Pension & Post-Retirement Benefits	-	91.44	96.95	96.05	95.75	88.98
Long-Term Deferred Tax Liabilities	11.07	17.89	9.31	15.3	205.53	200.8
Other Long-Term Liabilities	577.1	1,936	1,589	1,275	601.06	589.28
Total Liabilities	64,320	60,185	56,503	53,042	52,192	53,592
Common Stock	4,347	1,088	1,088	1,088	1,088	1,088
Retained Earnings	575.39	503.09	404.29	627.39	190.32	508.81
Comprehensive Income & Other	2,312	5,443	4,816	4,530	4,387	3,920
Total Common Equity	7,234	7,034	6,309	6,246	5,665	5,517
Minority Interest	-	45.71	50.58	58.45	56.03	50.81
Shareholders' Equity	7,234	7,080	6,359	6,304	5,721	5,568
Total Liabilities & Equity	71,554	67,265	62,863	59,346	57,913	59,159
Total Debt	6,404	5,892	5,849	5,069	5,441	7,522
Net Cash (Debt)	241.47	2,031	1,119	2,325	-699.46	-1,043
Net Cash Growth	-	81.51%	-51.89%	-	-	-
Net Cash Per Share	22.19	186.59	102.79	213.69	-64.28	-95.84
Filing Date Shares Outstanding	10.88	10.88	10.88	10.88	10.88	10.88
Total Common Shares Outstanding	10.88	10.88	10.88	10.88	10.88	10.88
Book Value Per Share	664.77	646.45	579.80	573.97	520.65	507.02
Tangible Book Value	6,358	6,238	5,708	5,781	5,334	5,263
Tangible Book Value Per Share	584.30	573.30	524.57	531.30	490.25	483.65

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