Maendeleo Bank PLC (DAR:MBP)

Maendeleo Bank Balance Sheet

Financials in millions TZS. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,186	16,632	18,177	14,172	11,174
Investment Securities	29,070	22,788	17,823	20,272	13,205
Total Investments	29,070	22,788	17,823	20,272	13,205
Gross Loans	101,847	75,933	62,652	59,809	56,575
Allowance for Loan Losses	-	-1,847	-1,993	-2,093	-2,425
Net Loans	101,847	74,086	60,658	57,716	54,150
Property, Plant & Equipment	2,879	1,648	2,058	1,657	1,307
Other Intangible Assets	-	139.54	145.92	172.27	259.29
Other Receivables	1,065	1,462	781.43	942.34	916.35
Restricted Cash	8,215	4,688	4,741	3,629	3,080
Other Current Assets	59	870.57	725.37	1,332	564.98
Long-Term Deferred Tax Assets	-	1,951	1,437	1,370	1,395
Other Long-Term Assets	5,238	90.34	83.08	43.06	0.98
Total Assets	150,559	124,694	107,115	101,932	86,679
Accrued Expenses	1,314	236.35	52.56	302.08	276.87
Interest Bearing Deposits	104,052	73,876	62,894	55,874	46,355
Non-Interest Bearing Deposits	-	16,274	14,457	13,842	13,852
Total Deposits	104,052	90,150	77,351	69,715	60,206
Current Portion of Long-Term Debt	-	1,808	3,352	4,222	287.98
Current Portion of Leases	-	263.71	311.59	162.8	-
Current Income Taxes Payable	-	-	-	-	276.47
Accrued Interest Payable	-	637.55	477.79	527.51	296.77
Other Current Liabilities	2	66.36	74.24	124.52	-
Long-Term Debt	21,568	10,874	6,604	9,644	9,644
Long-Term Leases	-	439.24	707.77	589.71	773.06
Other Long-Term Liabilities	1,681	1,111	705.06	294.98	120.37
Total Liabilities	128,617	105,586	89,636	85,583	71,882
Common Stock	13,922	13,122	13,122	13,122	11,862
Additional Paid-In Capital	-	799.74	799.74	799.29	547.34
Retained Earnings	7,213	5,186	3,552	2,427	1,840
Comprehensive Income & Other	807	-	5.49	-	548.23
Shareholders' Equity	21,942	19,108	17,479	16,348	14,798
Total Liabilities & Equity	150,559	124,694	107,115	101,932	86,679
Total Debt	21,568	13,384	10,975	14,619	10,705
Net Cash (Debt)	-19,382	3,248	7,202	-446.76	3,144
Net Cash Growth	-	-54.91%	-	-	-42.20%
Net Cash Per Share	-738.62	123.70	274.35	-17.02	127.61
Filing Date Shares Outstanding	26.06	26.25	26.25	31.48	24.64
Total Common Shares Outstanding	26.06	26.25	26.25	31.48	24.64
Book Value Per Share	842.00	727.84	665.80	519.40	600.60
Tangible Book Value	21,942	18,969	17,333	16,176	14,538
Tangible Book Value Per Share	842.00	722.52	660.24	513.92	590.07

Source: S&P Global Market Intelligence. Banks template. Financial Sources.