Føroya Banki (CPH: FOBANK)

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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,973	330.06	460.68	510.88	1,236	962.27
Investment Securities	1,645	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	1,645	1,730	1,974	2,152	4,801	5,922
Gross Loans	9,266	9,061	8,265	7,850	7,920	10,241
Allowance for Loan Losses	-193.7	-178.55	-181.63	-225.52	-311.81	-331.78
Net Loans	9,072	8,883	8,083	7,624	7,608	9,909
Property, Plant & Equipment	133.56	136.12	133.8	149.56	152.23	232.54
Other Intangible Assets	5.56	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	22.97	36.91	28.15	46.3	32.39	44
Restricted Cash	-	1,726	1,372	1,226	149.12	173.27
Other Current Assets	7.17	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	185.75	34.66	28.25	8.83	9.56	796.34
Total Assets	14,055	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	9,410	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	9,410	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	120.36	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	2,047	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	2.3	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	471.8	135.95	111.53	131.57	112.57	160.77
Total Liabilities	12,052	10,943	10,217	9,603	14,868	15,910
Common Stock	192	192	192	192	192	192
Retained Earnings	1,804	1,651	1,592	1,838	2,070	1,911
Comprehensive Income & Other	7.95	159.48	165.72	157.24	160.15	160
Shareholders' Equity	2,004	2,002	1,950	2,187	2,422	2,263
Total Liabilities & Equity	14,055	12,945	12,167	11,790	17,290	18,173
Total Debt	2,047	1,895	1,617	1,398	389.46	442.34
Net Cash (Debt)	926.91	-129.17	507.77	1,005	5,332	6,123
Net Cash Growth	782.23%	-	-49.50%	-81.14%	-12.92%	24.30%
Net Cash Per Share	96.80	-13.49	53.04	105.05	558.55	645.40
Filing Date Shares Outstanding	9.58	9.57	9.57	9.57	9.55	9.49
Total Common Shares Outstanding	9.58	9.57	9.57	9.57	9.55	9.49
Book Value Per Share	209.22	209.12	203.70	228.50	253.71	238.55
Tangible Book Value	1,998	2,000	1,948	2,184	2,420	2,253
Tangible Book Value Per Share	208.64	208.94	203.44	228.22	253.46	237.50

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