Union Bank of Colombo PLC (COSE: UBC.N0000)

Union Bank of Colombo 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	4,023	6,949	7,676	2,590	2,848	3,199
Investment Securities	48,393	56,546	41,479	36,413	40,147	31,197
Trading Asset Securities	8,132	6,635	2,233	2,611	7,218	3,276
Total Investments	56,525	63,181	43,712	39,023	47,366	34,473
Gross Loans	90,243	78,342	83,368	79,803	78,105	89,051
Allowance for Loan Losses	-8,233	-7,876	-6,100	-3,419	-3,148	-2,618
Other Adjustments to Gross Loans	-	-906.95	-1,164	-1,080	-1,180	-1,653
Net Loans	82,010	69,559	76,103	75,304	73,777	84,780
Property, Plant & Equipment	1,972	1,901	1,914	1,949	1,523	1,741
Goodwill	-	113.03	113.03	113.03	113.03	113.03
Other Intangible Assets	1,452	1,429	1,680	1,544	1,549	1,566
Investments in Real Estate	55.06	64.48	76.22	89.11	106.89	112.56
Other Receivables	-	61.39	558.41	332.74	155.94	216.42
Restricted Cash	632.21	484.88	2,170	1,493	722.73	2,314
Other Current Assets	-	1,935	1,568	820.64	852.63	658.95
Long-Term Deferred Tax Assets	1,010	975.97	673.28	614.88	445.44	497.62
Other Long-Term Assets	3,090	678.93	435.03	220.48	111.03	168.47
Total Assets	150,769	147,332	136,679	124,093	129,570	129,840
Accrued Expenses	-	188.97	183.83	160.51	135.6	174.58
Interest Bearing Deposits	95,509	88,612	92,315	82,338	83,343	79,366
Non-Interest Bearing Deposits	6,559	8,319	7,918	5,846	4,807	3,863
Total Deposits	102,068	96,931	100,233	88,184	88,150	83,229
Short-Term Borrowings	19,503	25,488	12,452	8,305	10,109	12,121
Current Portion of Long-Term Debt	-	-	331.52	1,438	1,740	1,957
Current Portion of Leases	-	41.8	41.98	147.74	97.72	175.16
Current Income Taxes Payable	343.18	365.48	283.82	388.74	471.4	197.96
Long-Term Debt	6,146	1,902	1,389	5,457	8,730	11,682
Long-Term Leases	-	1,003	963.39	745.94	581.4	548.67
Pension & Post-Retirement Benefits	-	385.39	335.17	212.44	250.6	211.39
Long-Term Deferred Tax Liabilities	-	-	-	0.19	54.14	63.06
Other Long-Term Liabilities	2,976	1,420	1,450	1,032	1,186	2,042
Total Liabilities	131,036	127,725	117,663	106,072	111,505	112,401
Common Stock	16,335	16,335	16,335	16,335	16,335	16,335
Retained Earnings	2,809	2,737	2,281	1,922	1,181	690.15
Comprehensive Income & Other	232.07	202.71	129.12	-518.8	319.06	173.7
Total Common Equity	19,376	19,274	18,745	17,738	17,834	17,199
Minority Interest	356.98	332.1	270.75	283.34	230.59	240.65
Shareholders' Equity	19,733	19,606	19,016	18,021	18,065	17,439
Total Liabilities & Equity	150,769	147,332	136,679	124,093	129,570	129,840
Total Debt	25,649	28,435	15,178	16,094	21,258	26,483
Net Cash (Debt)	-11,498	-11,861	-1,607	-6,716	-8,172	-16,454
Net Cash Per Share	-10.45	-10.88	-1.47	-6.20	-7.54	-15.11
Filing Date Shares Outstanding	1,084	1,084	1,084	1,084	1,084	1,084
Total Common Shares Outstanding	1,084	1,084	1,084	1,084	1,084	1,084
Book Value Per Share	17.88	17.79	17.30	16.37	16.46	15.87
Tangible Book Value	17,924	17,733	16,952	16,080	16,173	15,520
Tangible Book Value Per Share	16.54	16.37	15.64	14.84	14.93	14.32

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