Ecobank Ghana PLC (GHSE: EGH)

Ecobank Ghana Balance Sheet

Financials in millions GHS. 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	12,068	8,693	3,618	1,588	2,897	1,708
Investment Securities	11,228	9,817	6,343	5,884	5,057	3,286
Trading Asset Securities	500.94	213.02	1,117	1,765	498.41	349.62
Total Investments	11,729	10,030	7,460	7,649	5,555	3,635
Gross Loans	10,251	10,599	9,456	6,225	5,310	5,706
Allowance for Loan Losses	-	-1,082	-589.57	-531.27	-332.22	-325.88
Net Loans	10,251	9,518	8,866	5,694	4,978	5,380
Property, Plant & Equipment	1,311	1,333	1,304	626	626.85	516.21
Other Intangible Assets	7.55	6.14	20.7	41.21	84.77	67.59
Other Receivables	4,870	670.07	1,005	712.16	475.88	624.23
Restricted Cash	-	2,564	2,781	1,098	919.93	972.5
Other Current Assets	-	79.03	13.48	80.19	132.76	121.18
Long-Term Deferred Tax Assets	754.95	752.53	420.84	59.48	3.17	4.56
Other Real Estate Owned & Foreclosed	156.46	18	19.95	32.67	32.67	28.33
Other Long-Term Assets	761.51	-	399.83	345.45	244.22	170.15
Total Assets	41,909	33,663	25,908	17,926	15,951	13,229
Accrued Expenses	-	307.67	332.34	171.2	192.26	177.79
Interest Bearing Deposits	34,415	9,063	8,226	4,540	4,141	3,766
Non-Interest Bearing Deposits	-	19,634	14,041	9,987	8,740	7,158
Total Deposits	34,415	28,697	22,267	14,527	12,881	10,925
Current Portion of Long-Term Debt	-	45.76	9.97	19.56	19.41	19.74
Current Portion of Leases	-	7.38	16.29	4.64	5.26	19.08
Current Income Taxes Payable	42.03	32.92	-	-	41.84	-
Other Current Liabilities	-	17.49	16.43	9.46	9.82	10.51
Long-Term Debt	855.32	103.47	-	5.98	23.11	38.85
Long-Term Leases	37.17	54.08	48.87	52.56	47.18	61.81
Pension & Post-Retirement Benefits	-	97.67	69.76	56.35	41.28	-
Other Long-Term Liabilities	1,921	637.14	441.7	395.19	241.93	192.15
Total Liabilities	37,270	30,001	23,202	15,242	13,503	11,444
Common Stock	416.64	416.64	416.64	416.64	416.64	416.64
Retained Earnings	3,495	2,522	1,889	2,105	1,700	1,247
Comprehensive Income & Other	727.17	722.66	399.09	161.35	330.36	119.92
Total Common Equity	4,638	3,661	2,705	2,683	2,447	1,784
Minority Interest	0.58	0.71	0.61	0.59	0.57	0.59
Shareholders' Equity	4,639	3,662	2,706	2,683	2,448	1,784
Total Liabilities & Equity	41,909	33,663	25,908	17,926	15,951	13,229
Total Debt	892.49	210.69	75.13	82.74	94.96	139.49
Net Cash (Debt)	11,677	8,695	4,659	3,270	3,301	1,955
Net Cash Growth	71.29%	86.62%	42.48%	-0.92%	68.85%	-17.63%
Net Cash Per Share	-	26.96	14.44	10.14	10.23	6.06
Filing Date Shares Outstanding	-	322.55	322.55	322.55	322.55	322.55
Total Common Shares Outstanding	-	322.55	322.55	322.55	322.55	322.55
Book Value Per Share	-	11.35	8.39	8.32	7.59	5.53
Tangible Book Value	4,631	3,655	2,684	2,642	2,363	1,716
Tangible Book Value Per Share	-	11.33	8.32	8.19	7.32	5.32

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