Maendeleo Bank PLC (DAR: MBP)

Maendeleo Bank Balance Sheet

Financials in millions TZS. 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	1,091	16,632	18,177	14,172	11,174	7,821
Investment Securities	23,409	22,788	17,823	20,272	13,205	9,883
Total Investments	23,409	22,788	17,823	20,272	13,205	9,883
Gross Loans	95,110	75,933	62,652	59,809	56,575	49,509
Allowance for Loan Losses	-1,403	-1,847	-1,993	-2,093	-2,425	-1,540
Net Loans	93,707	74,086	60,658	57,716	54,150	47,969
Property, Plant & Equipment	2,950	1,648	2,058	1,657	1,307	1,492
Other Intangible Assets	-	139.54	145.92	172.27	259.29	404.33
Accrued Interest Receivable	-	-	-	-	-	368.16
Other Receivables	385	1,462	781.43	942.34	916.35	2,510
Restricted Cash	7,110	4,688	4,741	3,629	3,080	3,300
Other Current Assets	-	870.57	725.37	1,332	564.98	940.32
Long-Term Deferred Tax Assets	-	1,951	1,437	1,370	1,395	724.16
Other Long-Term Assets	5,421	90.34	83.08	43.06	0.98	2.45
Total Assets	134,073	124,694	107,115	101,932	86,679	76,144
Accrued Expenses	-	236.35	52.56	302.08	276.87	269.18
Interest Bearing Deposits	100,734	73,876	62,894	55,874	46,355	42,183
Non-Interest Bearing Deposits	-	16,274	14,457	13,842	13,852	11,348
Total Deposits	100,734	90,150	77,351	69,715	60,206	53,532
Current Portion of Long-Term Debt	-	1,808	3,352	4,222	287.98	412.18
Current Portion of Leases	-	263.71	311.59	162.8	-	138.94
Current Income Taxes Payable	1,241	-	-	-	276.47	-
Accrued Interest Payable	-	637.55	477.79	527.51	296.77	1,121
Other Current Liabilities	1	66.36	74.24	124.52	-	-
Long-Term Debt	9,907	10,874	6,604	9,644	9,644	5,000
Long-Term Leases	-	439.24	707.77	589.71	773.06	873.93
Other Long-Term Liabilities	1,892	1,111	705.06	294.98	120.37	1,130
Total Liabilities	113,775	105,586	89,636	85,583	71,882	62,476
Common Stock	13,922	13,122	13,122	13,122	11,862	11,549
Additional Paid-In Capital	-	799.74	799.74	799.29	547.34	484.68
Retained Earnings	5,745	5,186	3,552	2,427	1,840	1,122
Comprehensive Income & Other	631	-	5.49	-	548.23	511.97
Shareholders' Equity	20,298	19,108	17,479	16,348	14,798	13,668
Total Liabilities & Equity	134,073	124,694	107,115	101,932	86,679	76,144
Total Debt	9,907	13,384	10,975	14,619	10,705	6,425
Net Cash (Debt)	-8,816	3,248	7,202	-446.76	3,144	5,440
Net Cash Growth	-	-54.91%	-	-	-42.20%	-40.72%
Net Cash Per Share	-334.04	123.70	274.35	-17.02	127.61	227.11
Filing Date Shares Outstanding	26.16	26.25	26.25	31.48	24.64	23.95
Total Common Shares Outstanding	26.16	26.25	26.25	31.48	24.64	23.95
Book Value Per Share	775.92	727.84	665.80	519.40	600.60	570.64
Tangible Book Value	20,298	18,969	17,333	16,176	14,538	13,263
Tangible Book Value Per Share	775.92	722.52	660.24	513.92	590.07	553.75

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