National Development Bank PLC (COSE: NDB.N0000)

National Development Bank 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	48,347	62,324	39,837	22,065	23,180	12,372
Investment Securities	209,078	210,318	180,502	143,960	153,475	96,341
Trading Asset Securities	20,076	29,124	28,698	6,122	9,143	5,085
Total Investments	229,154	239,442	209,200	150,082	162,617	101,426
Gross Loans	506,700	501,089	583,764	530,959	450,107	416,277
Allowance for Loan Losses	-47,580	-43,408	-33,688	-21,602	-17,931	-12,573
Other Adjustments to Gross Loans	-	-4,941	-4,156	-4,983	-6,494	-7,033
Net Loans	459,120	452,740	545,920	504,374	425,682	396,672
Property, Plant & Equipment	5,016	5,077	5,231	5,021	4,831	4,795
Other Intangible Assets	1,876	1,898	1,813	1,217	1,062	700.91
Investments in Real Estate	3,112	3,112	2,879	2,528	2,362	2,273
Other Receivables	42.18	1,338	2,818	1,655	855.54	1,336
Restricted Cash	8,891	6,543	17,272	15,036	6,400	13,338
Other Current Assets	-	873.11	497.51	536.03	226.32	235.68
Long-Term Deferred Tax Assets	10,615	9,718	9,049	3,443	1,946	647.44
Other Long-Term Assets	5,673	2,463	3,340	3,586	1,655	548.44
Total Assets	771,847	786,959	839,198	710,832	632,132	535,600
Accrued Expenses	-	1,309	871.29	1,510	1,025	1,043
Interest Bearing Deposits	571,134	573,163	630,402	514,557	462,767	379,410
Non-Interest Bearing Deposits	47,583	42,070	41,311	36,700	26,892	25,257
Total Deposits	618,717	615,232	671,713	551,257	489,659	404,668
Short-Term Borrowings	439.98	7,217	13,153	18,053	6,314	10,610
Current Portion of Long-Term Debt	13,603	38,438	34,744	23,954	40,790	29,065
Current Portion of Leases	-	506.12	429.72	282.13	291.4	330.56
Current Income Taxes Payable	5,210	3,681	5,866	1,892	2,344	1,530
Other Current Liabilities	82.93	1,132	1,709	1,702	1,901	2,871
Long-Term Debt	46,505	31,776	32,981	38,393	33,751	33,284
Long-Term Leases	-	952.47	1,066	1,209	1,234	1,136
Pension & Post-Retirement Benefits	1,493	1,414	970.8	787.47	790.86	650.88
Long-Term Deferred Tax Liabilities	898.23	921.19	873.28	569.21	596.11	566.98
Other Long-Term Liabilities	8,076	8,484	5,924	7,157	4,233	5,307
Total Liabilities	695,024	711,063	770,302	646,765	582,928	491,061
Common Stock	21,757	20,738	19,871	18,264	8,794	7,685
Retained Earnings	49,568	48,126	43,863	45,302	38,340	35,127
Comprehensive Income & Other	4,107	5,608	3,772	-838.87	842.08	571.13
Total Common Equity	75,432	74,471	67,505	62,727	47,976	43,383
Minority Interest	1,391	1,425	1,391	1,339	1,227	1,155
Shareholders' Equity	76,823	75,896	68,896	64,067	49,203	44,539
Total Liabilities & Equity	771,847	786,959	839,198	710,832	632,132	535,600
Total Debt	60,548	78,889	82,374	81,891	82,380	74,425
Net Cash (Debt)	7,876	12,559	-13,839	-50,481	-49,996	-55,662
Net Cash Per Share	18.92	30.23	-33.31	-139.66	-184.71	-205.64
Filing Date Shares Outstanding	415.51	415.51	415.51	415.51	270.67	270.67
Total Common Shares Outstanding	415.51	415.51	415.51	415.51	270.67	270.67
Book Value Per Share	181.54	179.23	162.46	150.96	177.25	160.28
Tangible Book Value	73,556	72,573	65,692	61,510	46,915	42,682
Tangible Book Value Per Share	177.02	174.66	158.10	148.03	173.33	157.69

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