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

Sekerbank T.A.S. 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	28,085	20,179	12,209	10,373	5,787	4,132
Investment Securities	15,159	12,651	12,136	6,120	4,833	4,189
Trading Asset Securities	431.53	281.47	148.43	369.69	77.82	15.74
Total Investments	15,590	12,933	12,284	6,489	4,911	4,204
Gross Loans	59,871	45,544	37,931	32,582	27,228	23,113
Allowance for Loan Losses	-1,515	-1,632	-1,713	-2,083	-2,116	-2,149
Other Adjustments to Gross Loans	-402.57	-316.56	-144.85	-122.78	-103.88	-78.87
Net Loans	57,953	43,596	36,073	30,377	25,008	20,885
Property, Plant & Equipment	7,531	6,000	3,442	1,746	889.06	878.88
Other Intangible Assets	258.6	156.4	144.81	137.67	126.69	127.26
Investments in Real Estate	2,100	1,589	901.34	684.03	984.45	79.01
Other Receivables	227.64	4.4	4.98	19.18	10.93	19.62
Restricted Cash	-	-	-	1,433	-	0.01
Other Current Assets	1,643	445.11	461.24	535.76	615.02	595.16
Long-Term Deferred Tax Assets	1,526	1,534	693.12	332.54	320.42	358
Other Long-Term Assets	5,579	4,306	2,768	1,918	886.81	765.62
Total Assets	120,493	90,742	68,981	54,045	39,539	32,045
Accrued Expenses	68.87	173.77	102.64	44.59	20.37	15.43
Interest Bearing Deposits	66,531	49,831	43,754	36,033	29,180	22,926
Non-Interest Bearing Deposits	4,505	3,942	3,541	1,400	916.08	1,116
Total Deposits	71,036	53,773	47,295	37,433	30,096	24,042
Short-Term Borrowings	10,677	7,317	3,042	5,566	1,638	1,521
Current Portion of Leases	35.89	47.65	21.97	18.64	15.45	5.43
Current Income Taxes Payable	467.93	520.9	190.51	163.76	58.03	54.21
Long-Term Debt	13,329	9,723	6,329	4,662	3,257	2,994
Long-Term Leases	474.2	437.14	366.33	380.94	183.48	186.09
Pension & Post-Retirement Benefits	67.22	67.22	326	421.89	367.32	277.1
Long-Term Deferred Tax Liabilities	-	-	6.21	5.39	4.62	0.06
Other Long-Term Liabilities	7,225	5,949	4,464	1,983	1,134	989.5
Total Liabilities	103,381	78,009	62,144	50,679	36,774	30,084
Common Stock	2,500	1,860	1,860	1,860	1,860	1,158
Additional Paid-In Capital	6.51	1.47	1.47	1.47	1.47	1.84
Retained Earnings	7,988	6,033	2,975	1,131	730.15	566.93
Comprehensive Income & Other	4,507	3,250	1,293	287.31	130.68	206.87
Total Common Equity	15,001	11,145	6,130	3,280	2,722	1,934
Minority Interest	2,110	1,588	707.9	85.98	42.5	27.12
Shareholders' Equity	17,111	12,733	6,837	3,366	2,765	1,961
Total Liabilities & Equity	120,493	90,742	68,981	54,045	39,539	32,045
Total Debt	24,516	17,525	9,760	10,628	5,094	4,706
Net Cash (Debt)	4,001	2,951	2,720	164.41	781.68	-557.82
Net Cash Growth	467.50%	8.48%	1554.53%	-78.97%	-	-
Net Cash Per Share	2.22	1.70	1.56	0.09	0.59	-0.54
Filing Date Shares Outstanding	2,500	1,860	1,860	1,860	1,860	1,158
Total Common Shares Outstanding	2,500	1,860	1,860	1,860	1,860	1,158
Book Value Per Share	6.00	5.99	3.30	1.76	1.46	1.67
Tangible Book Value	14,743	10,989	5,985	3,142	2,596	1,806
Tangible Book Value Per Share	5.90	5.91	3.22	1.69	1.40	1.56

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