Føroya Banki (CPH: BNORDIK.CSE)

Føroya Banki Balance Sheet

Financials in millions DKK. 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	2,521	330.06	460.68	510.88	1,236	962.27
Investment Securities	1,618	294.84	310.32	259.25	316.15	318.54
Trading Asset Securities	-	1,435	1,664	1,893	4,485	5,603
Total Investments	1,618	1,730	1,974	2,152	4,801	5,922
Gross Loans	9,218	9,061	8,265	7,850	7,920	10,241
Allowance for Loan Losses	-194.93	-178.55	-181.63	-225.52	-311.81	-331.78
Net Loans	9,023	8,883	8,083	7,624	7,608	9,909
Property, Plant & Equipment	136.3	136.12	133.8	149.56	152.23	232.54
Other Intangible Assets	4.99	1.7	2.4	2.68	2.43	9.96
Accrued Interest Receivable	-	40.66	37.67	28.96	38.06	50.4
Other Receivables	5.96	36.91	28.15	46.3	32.39	44
Restricted Cash	-	1,726	1,372	1,226	149.12	173.27
Other Current Assets	8.16	16.5	15.42	32.37	3,256	67.66
Long-Term Deferred Tax Assets	9.41	9.41	6.89	8.21	0.2	5.01
Other Real Estate Owned & Foreclosed	-	-	24.2	-	4.47	1.5
Other Long-Term Assets	165.57	34.66	28.25	8.83	9.56	796.34
Total Assets	13,492	12,945	12,167	11,790	17,290	18,173
Accrued Expenses	-	22.47	18.07	24.59	21.99	53.02
Interest Bearing Deposits	9,227	1,945	1,050	761.77	578.13	2,122
Non-Interest Bearing Deposits	-	6,790	7,312	7,138	7,155	13,042
Total Deposits	9,227	8,735	8,362	7,900	7,733	15,164
Short-Term Borrowings	-	80.57	101.75	78.85	90.92	108.29
Current Portion of Long-Term Debt	-	125	125	-	-	-
Current Portion of Leases	-	3.33	-	2.93	9.95	9.95
Current Income Taxes Payable	95.3	71.84	40.84	77.94	31.14	36.11
Accrued Interest Payable	-	23.43	11.67	17.21	8.14	7.67
Other Current Liabilities	-	-	-	-	6,520	-
Long-Term Debt	1,769	1,621	1,322	1,248	224.7	224.09
Long-Term Leases	-	64.24	68.53	68.53	63.9	100.02
Long-Term Unearned Revenue	2.31	59.16	55.48	53.79	48.57	46.89
Long-Term Deferred Tax Liabilities	0.65	0.02	-	-	3.09	0
Other Long-Term Liabilities	333.01	135.95	111.53	131.57	112.57	160.77
Total Liabilities	11,427	10,943	10,217	9,603	14,868	15,910
Common Stock	192	192	192	192	192	192
Retained Earnings	1,709	1,651	1,592	1,838	2,070	1,911
Comprehensive Income & Other	162.96	159.48	165.72	157.24	160.15	160
Shareholders' Equity	2,064	2,002	1,950	2,187	2,422	2,263
Total Liabilities & Equity	13,492	12,945	12,167	11,790	17,290	18,173
Total Debt	1,769	1,895	1,617	1,398	389.46	442.34
Net Cash (Debt)	751.85	-129.17	507.77	1,005	5,332	6,123
Net Cash Growth	-	-	-49.50%	-81.14%	-12.92%	24.30%
Net Cash Per Share	78.52	-13.49	53.04	105.05	558.55	645.40
Filing Date Shares Outstanding	9.57	9.57	9.57	9.57	9.55	9.49
Total Common Shares Outstanding	9.57	9.57	9.57	9.57	9.55	9.49
Book Value Per Share	215.70	209.12	203.70	228.50	253.71	238.55
Tangible Book Value	2,059	2,000	1,948	2,184	2,420	2,253
Tangible Book Value Per Share	215.18	208.94	203.44	228.22	253.46	237.50

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