Merchant Bank of Sri Lanka & Finance PLC (COSE: MBSL.N0000)

MBSL.N0000 Balance Sheet

Financials in millions LKR. 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	1,225	814.24	612.79	596.46	452.18	376.51
Investment Securities	5,187	6,295	6,604	4,922	4,259	5,961
Trading Asset Securities	10,370	8,170	293.85	355.21	960.33	955.04
Total Investments	15,557	14,465	6,898	5,277	5,220	6,916
Gross Loans	25,822	23,738	29,537	34,707	33,606	35,921
Allowance for Loan Losses	-5,220	-2,659	-2,742	-3,477	-3,420	-2,856
Other Adjustments to Gross Loans	-	-2,018	-2,424	-3,213	-3,638	-4,058
Net Loans	20,602	19,060	24,371	28,017	26,548	29,007
Property, Plant & Equipment	600.29	695.7	634.78	742.71	796.29	928.71
Other Intangible Assets	80.49	69.49	106.4	128.58	148.91	187.46
Investments in Real Estate	49.05	153.6	201.74	283.52	444.56	414.35
Other Receivables	-	181.59	198.95	264.24	210.27	-
Other Current Assets	-	166.45	173.5	137.98	147.07	-
Long-Term Deferred Tax Assets	37.6	64.36	42.89	4.11	102.07	264.9
Other Long-Term Assets	592.25	142.51	156.8	818.15	285.27	518.61
Total Assets	38,743	35,813	33,397	36,270	34,355	38,614
Accrued Expenses	-	523.48	511.72	474.25	462.89	332.82
Interest Bearing Deposits	25,356	25,246	23,354	22,202	21,665	22,756
Total Deposits	25,356	25,246	23,354	22,202	21,665	22,756
Short-Term Borrowings	-	2,603	2,803	3,741	4,434	5,953
Current Portion of Long-Term Debt	-	-	-	2,382	213.23	358.46
Current Portion of Leases	-	197.81	0.56	0.85	1.94	3.18
Current Income Taxes Payable	115.37	30.06	49.03	178.9	14.83	14.85
Other Current Liabilities	947.62	808.22	763.21	759.4	856.57	881.08
Long-Term Debt	5,810	741.03	201.45	391.98	3,364	3,905
Long-Term Leases	-	268.29	358.07	449.48	503.21	563.92
Pension & Post-Retirement Benefits	333.01	283.53	234.59	284.95	301.39	229.42
Long-Term Deferred Tax Liabilities	-	-	-	78.3	-	212.52
Other Long-Term Liabilities	1,673	499.61	402.56	393.12	276.73	281.15
Total Liabilities	34,235	31,457	28,914	31,504	32,231	35,560
Common Stock	4,276	4,276	4,276	4,276	2,124	2,124
Retained Earnings	-218.64	-326.27	-199.68	88.5	-479.48	339.73
Comprehensive Income & Other	-34.89	-33.61	-34.5	-23.86	3.16	-9.1
Total Common Equity	4,023	3,917	4,042	4,341	1,648	2,455
Minority Interest	485.34	438.85	440.71	424.08	475.28	598.53
Shareholders' Equity	4,508	4,355	4,483	4,765	2,123	3,054
Total Liabilities & Equity	38,743	35,813	33,397	36,270	34,355	38,614
Total Debt	5,810	3,810	3,363	6,965	8,516	10,783
Net Cash (Debt)	6,465	5,877	-1,987	-4,638	-4,514	-5,522
Net Cash Per Share	12.45	11.20	-3.79	-17.89	-27.21	-33.29
Filing Date Shares Outstanding	524.54	524.54	524.54	524.54	165.87	165.87
Total Common Shares Outstanding	524.54	524.54	524.54	524.54	165.87	165.87
Book Value Per Share	7.67	7.47	7.71	8.28	9.94	14.80
Tangible Book Value	3,942	3,847	3,936	4,213	1,499	2,268
Tangible Book Value Per Share	7.52	7.33	7.50	8.03	9.04	13.67

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