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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	348,433	387,283	189,813	137,332	52,780	45,455
Investment Securities	305,005	207,680	95,238	52,659	69,909	45,609
Trading Asset Securities	24,740	22,040	19,031	30,241	12,707	15,304
Total Investments	329,745	229,719	114,269	82,900	82,616	60,913
Gross Loans	1,535,494	1,264,788	791,974	510,853	365,266	290,129
Allowance for Loan Losses	-55,099	-51,366	-40,086	-29,452	-21,138	-17,444
Other Adjustments to Gross Loans	-5,282	-5,196	-2,395	-1,390	-797.63	-625.43
Net Loans	1,475,113	1,208,226	749,493	480,010	343,331	272,060
Property, Plant & Equipment	27,815	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	3,212	2,542	1,257	957.26	618.03	473.52
Investments in Real Estate	2,234	1,591	926.8	652.63	319.64	569.72
Accrued Interest Receivable	-	-	-	-	4,508	-
Other Receivables	22,801	20,270	14,812	7,210	10,834	201.95
Restricted Cash	236,060	137,024	81,687	79,466	29,554	26,643
Other Current Assets	42,117	28,099	21,911	5,090	3,812	3,140
Long-Term Deferred Tax Assets	26,717	20,291	7,105	4,443	3,648	1,882
Other Real Estate Owned & Foreclosed	-	-	-	-	931.75	-
Other Long-Term Assets	103,172	144,709	110,512	46,301	412.19	11,681
Total Assets	2,617,425	2,201,713	1,303,578	850,476	541,974	428,554
Accrued Expenses	1,361	948.04	539.82	292.8	1,054	172.53
Interest Bearing Deposits	1,676,636	1,463,572	812,091	531,108	356,319	259,225
Non-Interest Bearing Deposits	177,445	141,359	96,648	51,725	733.95	18,052
Total Deposits	1,854,081	1,604,931	908,739	582,833	357,053	277,277
Short-Term Borrowings	27,559	22,388	19,607	23,771	21,906	13,384
Current Portion of Long-Term Debt	125,910	56,231	177.09	-	7,486	-
Current Portion of Leases	858.63	647.15	426.46	283.2	201.98	247.4
Current Income Taxes Payable	16,225	11,701	8,050	2,973	1,848	1,252
Accrued Interest Payable	-	-	-	-	699.49	-
Other Current Liabilities	100,147	78,492	48,546	26,798	19,686	-
Long-Term Debt	157,349	133,214	126,198	109,967	55,429	58,363
Long-Term Leases	1,835	1,626	1,033	786.84	919.91	10,979
Long-Term Unearned Revenue	-	-	-	-	190.81	-
Pension & Post-Retirement Benefits	6,122	4,905	3,753	2,018	-	1,247
Long-Term Deferred Tax Liabilities	176.17	129.37	197.83	55.1	174.21	29.48
Other Long-Term Liabilities	45,489	40,880	33,185	20,397	12,505	11,552
Total Liabilities	2,337,113	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	232,055	200,964	123,179	65,953	52,156	45,778
Comprehensive Income & Other	42,939	39,525	25,248	9,817	5,259	3,787
Total Common Equity	279,205	244,701	152,639	79,981	62,574	53,777
Minority Interest	1,107	920.33	484.74	319.52	247.69	273.91
Shareholders' Equity	280,312	245,622	153,124	80,301	62,822	54,051
Total Liabilities & Equity	2,617,425	2,201,713	1,303,578	850,476	541,974	428,554
Total Debt	313,512	214,106	147,442	134,808	85,943	82,973
Net Cash (Debt)	196,217	248,962	86,190	43,053	-20,456	-20,324
Net Cash Growth	-10.51%	188.85%	100.20%	-	-	-
Net Cash Per Share	46.72	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	66.48	58.26	36.34	19.04	14.90	12.80
Tangible Book Value	275,986	242,153	151,376	79,018	61,923	53,297
Tangible Book Value Per Share	65.71	57.66	36.04	18.81	14.74	12.69

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