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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,848	2,266	1,867	1,925	2,559	2,005
Investment Securities	4,507	5,971	6,889	6,554	5,026	7,330
Trading Asset Securities	3,492	2,367	1,367	2,240	442.44	1,220
Total Investments	7,999	8,338	8,257	8,794	5,469	8,550
Gross Loans	58,595	54,110	51,101	47,427	47,999	45,402
Allowance for Loan Losses	-3,865	-3,781	-3,526	-3,592	-4,060	-3,547
Net Loans	54,730	50,329	47,575	43,836	43,939	41,855
Property, Plant & Equipment	1,492	1,496	1,478	1,410	1,352	1,321
Other Intangible Assets	824.95	795.98	600.9	464.32	330.81	254.37
Accrued Interest Receivable	85.39	16.19	27.27	339.49	428.15	640.26
Other Receivables	3,904	3,862	2,901	2,424	3,428	4,244
Other Current Assets	26.95	2.96	5.69	-	-	-
Long-Term Deferred Tax Assets	135.55	159.79	151.51	154.19	408.04	290.44
Other Long-Term Assets	-0	-	0.17	0	0	-
Total Assets	71,046	67,265	62,863	59,346	57,913	59,159
Accrued Expenses	287.41	367.8	319.14	222.59	-	1,350
Interest Bearing Deposits	54,778	51,755	48,582	46,239	44,525	43,806
Total Deposits	54,778	51,755	48,582	46,239	44,525	43,806
Short-Term Borrowings	88.81	630.9	592.66	355.76	14.35	10
Current Income Taxes Payable	100.43	125.1	57.98	124.42	13.05	35.61
Other Current Liabilities	5.62	-	-	-	-	-
Long-Term Debt	6,141	5,199	5,166	4,596	5,305	7,393
Long-Term Leases	60.49	62.3	90.8	117.65	121.82	118.34
Long-Term Unearned Revenue	-	-	-	-	1,311	-
Pension & Post-Retirement Benefits	92.96	91.44	96.95	96.05	95.75	88.98
Long-Term Deferred Tax Liabilities	14.66	17.89	9.31	15.3	205.53	200.8
Other Long-Term Liabilities	2,402	1,936	1,589	1,275	601.06	589.28
Total Liabilities	63,997	60,185	56,503	53,042	52,192	53,592
Common Stock	1,088	1,088	1,088	1,088	1,088	1,088
Retained Earnings	390.84	503.09	404.29	627.39	190.32	508.81
Comprehensive Income & Other	5,570	5,443	4,816	4,530	4,387	3,920
Total Common Equity	7,049	7,034	6,309	6,246	5,665	5,517
Minority Interest	-	45.71	50.58	58.45	56.03	50.81
Shareholders' Equity	7,049	7,080	6,359	6,304	5,721	5,568
Total Liabilities & Equity	71,046	67,265	62,863	59,346	57,913	59,159
Total Debt	6,316	5,892	5,849	5,069	5,441	7,522
Net Cash (Debt)	790.88	2,031	1,119	2,325	-699.46	-1,043
Net Cash Growth	-29.14%	81.51%	-51.89%	-	-	-
Net Cash Per Share	72.68	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	647.81	646.45	579.80	573.97	520.65	507.02
Tangible Book Value	6,224	6,238	5,708	5,781	5,334	5,263
Tangible Book Value Per Share	572.00	573.30	524.57	531.30	490.25	483.65

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