Ecobank Ghana PLC (GHSE:EGH)

Ecobank Ghana Balance Sheet

Financials in millions GHS. 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	20,742	8,693	3,618	1,588	2,897
Investment Securities	10,482	9,817	6,343	5,884	5,057
Trading Asset Securities	431.61	213.02	1,117	1,765	498.41
Total Investments	10,913	10,030	7,460	7,649	5,555
Gross Loans	10,601	10,599	9,456	6,225	5,310
Allowance for Loan Losses	-	-1,082	-589.57	-531.27	-332.22
Net Loans	10,601	9,518	8,866	5,694	4,978
Property, Plant & Equipment	1,356	1,333	1,304	626	626.85
Other Intangible Assets	6.62	6.14	20.7	41.21	84.77
Other Receivables	101.01	670.07	1,005	712.16	475.88
Restricted Cash	-	2,564	2,781	1,098	919.93
Other Current Assets	-	79.03	13.48	80.19	132.76
Long-Term Deferred Tax Assets	657.29	752.53	420.84	59.48	3.17
Other Real Estate Owned & Foreclosed	139.81	18	19.95	32.67	32.67
Other Long-Term Assets	1,486	-	399.83	345.45	244.22
Total Assets	46,002	33,663	25,908	17,926	15,951
Accrued Expenses	-	307.67	332.34	171.2	192.26
Interest Bearing Deposits	38,453	9,063	8,226	4,540	4,141
Non-Interest Bearing Deposits	-	19,634	14,041	9,987	8,740
Total Deposits	38,453	28,697	22,267	14,527	12,881
Current Portion of Long-Term Debt	-	45.76	9.97	19.56	19.41
Current Portion of Leases	-	7.38	16.29	4.64	5.26
Current Income Taxes Payable	-	32.92	-	-	41.84
Other Current Liabilities	-	17.49	16.43	9.46	9.82
Long-Term Debt	394	103.47	-	5.98	23.11
Long-Term Leases	109.38	54.08	48.87	52.56	47.18
Pension & Post-Retirement Benefits	-	97.67	69.76	56.35	41.28
Other Long-Term Liabilities	1,646	637.14	441.7	395.19	241.93
Total Liabilities	40,603	30,001	23,202	15,242	13,503
Common Stock	416.64	416.64	416.64	416.64	416.64
Retained Earnings	4,222	2,522	1,889	2,105	1,700
Comprehensive Income & Other	760.64	722.66	399.09	161.35	330.36
Total Common Equity	5,399	3,661	2,705	2,683	2,447
Minority Interest	0.48	0.71	0.61	0.59	0.57
Shareholders' Equity	5,400	3,662	2,706	2,683	2,448
Total Liabilities & Equity	46,002	33,663	25,908	17,926	15,951
Total Debt	503.38	210.69	75.13	82.74	94.96
Net Cash (Debt)	20,671	8,695	4,659	3,270	3,301
Net Cash Growth	137.73%	86.62%	42.48%	-0.92%	68.85%
Net Cash Per Share	64.08	26.96	14.44	10.14	10.23
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	16.74	11.35	8.39	8.32	7.59
Tangible Book Value	5,393	3,655	2,684	2,642	2,363
Tangible Book Value Per Share	16.72	11.33	8.32	8.19	7.32

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.