Turkiye Garanti Bankasi A.S. (IST: GARAN)

GARAN Balance Sheet

Financials in millions TRY. 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	387,402	387,283	189,813	137,332	52,780	45,455
Investment Securities	349,488	207,680	95,238	52,659	69,909	45,609
Trading Asset Securities	21,018	22,040	19,031	30,241	12,707	15,304
Total Investments	370,506	229,719	114,269	82,900	82,616	60,913
Gross Loans	1,694,325	1,264,788	791,974	510,853	365,266	290,129
Allowance for Loan Losses	-61,285	-51,366	-40,086	-29,452	-21,138	-17,444
Other Adjustments to Gross Loans	-5,373	-5,196	-2,395	-1,390	-797.63	-625.43
Net Loans	1,627,666	1,208,226	749,493	480,010	343,331	272,060
Property, Plant & Equipment	28,123	21,953	11,788	6,106	8,577	5,528
Goodwill	6.39	6.39	6.39	6.39	32.95	6.39
Other Intangible Assets	3,628	2,542	1,257	957.26	618.03	473.52
Investments in Real Estate	2,170	1,591	926.8	652.63	319.64	569.72
Accrued Interest Receivable	-	-	-	-	4,508	-
Other Receivables	38,542	20,270	14,812	7,210	10,834	201.95
Restricted Cash	278,641	137,024	81,687	79,466	29,554	26,643
Other Current Assets	45,779	28,099	21,911	5,090	3,812	3,140
Long-Term Deferred Tax Assets	22,177	20,291	7,105	4,443	3,648	1,882
Other Real Estate Owned & Foreclosed	-	-	-	-	931.75	-
Other Long-Term Assets	73,195	144,709	110,512	46,301	412.19	11,681
Total Assets	2,877,835	2,201,713	1,303,578	850,476	541,974	428,554
Accrued Expenses	1,472	948.04	539.82	292.8	1,054	172.53
Interest Bearing Deposits	1,864,533	1,463,572	812,091	531,108	356,319	259,225
Non-Interest Bearing Deposits	194,107	141,359	96,648	51,725	733.95	18,052
Total Deposits	2,058,640	1,604,931	908,739	582,833	357,053	277,277
Short-Term Borrowings	37,754	22,388	19,607	23,771	21,906	13,384
Current Portion of Long-Term Debt	114,856	56,231	177.09	-	7,486	-
Current Portion of Leases	919.13	647.15	426.46	283.2	201.98	247.4
Current Income Taxes Payable	9,111	11,701	8,050	2,973	1,848	1,252
Accrued Interest Payable	-	-	-	-	699.49	-
Other Current Liabilities	136,257	78,492	48,546	26,798	19,686	-
Long-Term Debt	159,213	133,214	126,198	109,967	55,429	58,363
Long-Term Leases	1,901	1,626	1,033	786.84	919.91	10,979
Long-Term Unearned Revenue	-	-	-	-	190.81	-
Pension & Post-Retirement Benefits	6,152	4,905	3,753	2,018	-	1,247
Long-Term Deferred Tax Liabilities	176	129.37	197.83	55.1	174.21	29.48
Other Long-Term Liabilities	47,382	40,880	33,185	20,397	12,505	11,552
Total Liabilities	2,573,834	1,956,092	1,150,454	770,175	479,153	374,503
Common Stock	4,200	4,200	4,200	4,200	5,146	4,200
Additional Paid-In Capital	11.88	11.88	11.88	11.88	11.88	11.88
Retained Earnings	254,223	200,964	123,179	65,953	52,156	45,778
Comprehensive Income & Other	44,207	39,525	25,248	9,817	5,259	3,787
Total Common Equity	302,642	244,701	152,639	79,981	62,574	53,777
Minority Interest	1,359	920.33	484.74	319.52	247.69	273.91
Shareholders' Equity	304,002	245,622	153,124	80,301	62,822	54,051
Total Liabilities & Equity	2,877,835	2,201,713	1,303,578	850,476	541,974	428,554
Total Debt	314,644	214,106	147,442	134,808	85,943	82,973
Net Cash (Debt)	231,156	248,962	86,190	43,053	-20,456	-20,324
Net Cash Growth	-1.46%	188.85%	100.20%	-	-	-
Net Cash Per Share	55.04	59.28	20.52	10.25	-4.87	-4.84
Filing Date Shares Outstanding	4,200	4,200	4,200	4,200	4,200	4,200
Total Common Shares Outstanding	4,200	4,200	4,200	4,200	4,200	4,200
Book Value Per Share	72.06	58.26	36.34	19.04	14.90	12.80
Tangible Book Value	299,008	242,153	151,376	79,018	61,923	53,297
Tangible Book Value Per Share	71.19	57.66	36.04	18.81	14.74	12.69

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