Housing and Development Bank- Egypt (S.A.E) (EGX: HDBK)

HDBK Balance Sheet

Financials in millions EGP. 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	39,015	15,271	17,648	11,675	4,427	3,233
Investment Securities	41,552	49,429	35,017	30,252	26,520	24,233
Trading Asset Securities	223.74	210.57	514.46	488.52	438.52	416.25
Total Investments	41,776	49,639	35,532	30,741	26,958	24,650
Gross Loans	50,180	44,874	37,598	27,852	21,869	20,339
Allowance for Loan Losses	-4,341	-3,561	-2,938	-2,247	-2,070	-2,251
Other Adjustments to Gross Loans	-10.16	-10.16	-10.16	-16.79	-18.2	-18.2
Net Loans	45,828	41,303	34,650	25,588	19,781	18,069
Property, Plant & Equipment	1,271	1,180	1,172	1,131	1,107	1,032
Other Intangible Assets	286.79	151.44	69.51	92.49	104.37	114.13
Investments in Real Estate	108.22	111.99	115.36	98.68	106.62	111.2
Accrued Interest Receivable	2,642	1,256	1,275	854.34	623.13	466.43
Other Receivables	2,540	2,371	2,002	-	-	-
Restricted Cash	17,499	14,354	11,725	5,855	5,017	3,559
Other Current Assets	4,567	3,374	2,304	2,505	2,463	2,290
Long-Term Deferred Tax Assets	209.66	225.07	127.02	88.47	62.98	-
Other Real Estate Owned & Foreclosed	62.89	62.88	63.25	67.87	65.68	69.57
Other Long-Term Assets	2,241	1,444	1,190	1,072	671.88	625.12
Total Assets	158,047	130,744	107,874	79,768	61,388	54,219
Accounts Payable	-	-	-	51.1	50.92	38.95
Accrued Expenses	252.88	407.15	260.44	87.71	72.59	134.63
Interest Bearing Deposits	73,814	55,167	67,704	29,703	24,114	22,751
Non-Interest Bearing Deposits	50,119	48,155	21,655	33,849	23,654	19,112
Total Deposits	123,932	103,322	89,358	63,553	47,769	41,863
Short-Term Borrowings	-	-	-	1.75	-	-
Current Portion of Long-Term Debt	58.81	76.36	83.87	92.91	105.78	111.5
Current Income Taxes Payable	1,279	1,384	450.92	207.17	222.67	46.27
Accrued Interest Payable	1,104	554.4	447.52	309	223.72	232.71
Other Current Liabilities	1,134	203.27	355.43	564.53	274.29	479.58
Long-Term Debt	1,284	1,248	1,346	973.06	782.79	720.33
Long-Term Unearned Revenue	1,600	1,089	381.64	541.82	548.9	890.42
Pension & Post-Retirement Benefits	106.99	88.73	57.84	55.32	47.07	39.68
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.67
Other Long-Term Liabilities	5,767	4,319	2,494	2,261	2,169	2,129
Total Liabilities	136,519	112,692	95,236	68,698	52,266	46,687
Common Stock	5,313	5,313	5,313	1,518	1,265	1,265
Retained Earnings	16,266	12,854	7,236	8,751	7,162	5,686
Comprehensive Income & Other	-208.12	-260.26	-39.18	696.59	593.18	486.09
Total Common Equity	21,371	17,907	12,510	10,966	9,020	7,437
Minority Interest	157.16	145.45	128.17	104.39	101.2	95.01
Shareholders' Equity	21,528	18,052	12,638	11,070	9,121	7,532
Total Liabilities & Equity	158,047	130,744	107,874	79,768	61,388	54,219
Total Debt	1,342	1,325	1,430	1,068	888.57	831.83
Net Cash (Debt)	37,896	14,157	19,133	14,501	4,154	8,689
Net Cash Growth	48.48%	-26.01%	31.95%	249.10%	-52.20%	-6.47%
Net Cash Per Share	71.33	26.65	36.01	27.29	7.82	16.35
Filing Date Shares Outstanding	531.3	531.3	531.3	531.3	531.3	531.3
Total Common Shares Outstanding	531.3	531.3	531.3	531.3	531.3	531.3
Book Value Per Share	40.22	33.70	23.55	20.64	16.98	14.00
Tangible Book Value	21,084	17,755	12,440	10,873	8,916	7,323
Tangible Book Value Per Share	39.68	33.42	23.41	20.47	16.78	13.78

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