Sekerbank T.A.S. (IST:SKBNK)

Sekerbank T.A.S. Balance Sheet

Financials in millions TRY. 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	29,729	18,745	12,209	10,373	5,787
Investment Securities	18,355	12,651	12,136	6,120	4,833
Trading Asset Securities	554.51	281.47	148.43	369.69	77.82
Total Investments	18,910	12,933	12,284	6,489	4,911
Gross Loans	64,527	45,544	37,931	32,582	27,228
Allowance for Loan Losses	-1,562	-1,632	-1,713	-2,083	-2,116
Other Adjustments to Gross Loans	-402.45	-316.56	-144.85	-122.78	-103.88
Net Loans	62,563	43,596	36,073	30,377	25,008
Property, Plant & Equipment	8,499	6,000	3,442	1,746	889.06
Other Intangible Assets	308.79	156.4	144.81	137.67	126.69
Investments in Real Estate	2,165	1,589	901.34	684.03	984.45
Other Receivables	300.64	4.4	4.98	19.18	10.93
Restricted Cash	-	1,433	-	1,433	-
Other Current Assets	1,491	445.11	461.24	535.76	615.02
Long-Term Deferred Tax Assets	1,121	1,534	693.12	332.54	320.42
Other Long-Term Assets	4,686	4,306	2,768	1,918	886.81
Total Assets	129,773	90,742	68,981	54,045	39,539
Accrued Expenses	254.27	173.77	102.64	44.59	20.37
Interest Bearing Deposits	70,991	49,831	43,754	36,033	29,180
Non-Interest Bearing Deposits	4,547	3,942	3,541	1,400	916.08
Total Deposits	75,538	53,773	47,295	37,433	30,096
Short-Term Borrowings	11,965	7,317	3,042	5,566	1,638
Current Portion of Leases	27.29	47.65	21.97	18.64	15.45
Current Income Taxes Payable	482.72	520.9	190.51	163.76	58.03
Long-Term Debt	17,321	9,723	6,329	4,662	3,257
Long-Term Leases	645.25	437.14	366.33	380.94	183.48
Pension & Post-Retirement Benefits	29.22	67.22	326	421.89	367.32
Long-Term Deferred Tax Liabilities	-	-	6.21	5.39	4.62
Other Long-Term Liabilities	5,333	5,949	4,464	1,983	1,134
Total Liabilities	111,594	78,009	62,144	50,679	36,774
Common Stock	2,500	1,860	1,860	1,860	1,860
Additional Paid-In Capital	6.51	1.47	1.47	1.47	1.47
Retained Earnings	8,767	6,033	2,975	1,131	730.15
Comprehensive Income & Other	4,715	3,250	1,293	287.31	130.68
Total Common Equity	15,988	11,145	6,130	3,280	2,722
Minority Interest	2,191	1,588	707.9	85.98	42.5
Shareholders' Equity	18,179	12,733	6,837	3,366	2,765
Total Liabilities & Equity	129,773	90,742	68,981	54,045	39,539
Total Debt	29,958	17,525	9,760	10,628	5,094
Net Cash (Debt)	404.85	1,518	2,720	164.41	781.68
Net Cash Growth	-73.33%	-44.20%	1554.53%	-78.97%	-
Net Cash Per Share	0.21	0.88	1.56	0.09	0.59
Filing Date Shares Outstanding	2,500	1,860	1,860	1,860	1,860
Total Common Shares Outstanding	2,500	1,860	1,860	1,860	1,860
Book Value Per Share	6.40	5.99	3.30	1.76	1.46
Tangible Book Value	15,680	10,989	5,985	3,142	2,596
Tangible Book Value Per Share	6.27	5.91	3.22	1.69	1.40

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