Sasfin Holdings Limited (JSE: SFN)

Sasfin Holdings Balance Sheet

Financials in millions ZAR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	397.11	397.11	634.87	615.54	1,237	1,591
Investment Securities	1,587	1,587	1,182	2,705	2,957	4,223
Trading Asset Securities	0.03	0.03	32.8	322.17	371.16	618.58
Total Investments	1,587	1,587	1,215	3,028	3,329	4,842
Gross Loans	7,949	7,949	11,883	10,077	8,381	8,348
Allowance for Loan Losses	-536.17	-536.17	-523.81	-475.25	-535.35	-552.41
Other Adjustments to Gross Loans	-2,021	-2,021	-2,138	-1,485	-1,122	-1,186
Net Loans	5,391	5,391	9,222	8,118	6,724	6,609
Property, Plant & Equipment	136.2	136.2	156.24	183.08	65.07	103.55
Goodwill	30.52	30.52	30.52	32.25	32.25	32.25
Other Intangible Assets	48.9	48.9	76.64	112.48	128.6	172.95
Investments in Real Estate	-	-	-	20.14	16.4	13.12
Other Receivables	457.51	457.51	530.58	840.75	435.56	426.18
Restricted Cash	146.76	146.76	155.22	153.23	137.96	140.07
Other Current Assets	3,166	3,166	30.02	37.62	36.77	38.2
Long-Term Deferred Tax Assets	70.36	70.36	20.26	45.38	37.58	36.81
Other Long-Term Assets	609	609	436	-	-	-
Total Assets	12,041	12,041	12,507	13,186	12,179	14,006
Accounts Payable	91.2	91.2	346.51	593.37	584.19	479.73
Accrued Expenses	191.28	191.28	144.74	168.24	132.92	110.63
Interest Bearing Deposits	5,597	5,597	5,889	5,233	4,733	5,139
Total Deposits	5,597	5,597	5,889	5,233	4,733	5,139
Short-Term Borrowings	622.57	622.57	492.65	872.52	730.46	2,164
Current Portion of Long-Term Debt	1,400	1,400	724.7	1,409	642.3	-
Current Portion of Leases	16.16	16.16	26.25	27.49	33.71	60.54
Current Income Taxes Payable	5.21	5.21	-	1.36	5.09	3.96
Other Current Liabilities	118.59	118.59	137.57	324.28	328.73	552.11
Long-Term Debt	2,300	2,300	3,072	2,082	2,830	3,115
Long-Term Leases	125.71	125.71	119.11	129.63	9.49	9.72
Long-Term Unearned Revenue	-	-	-	0.14	0.82	2.33
Long-Term Deferred Tax Liabilities	133.05	133.05	146.06	144.7	110.77	35.49
Other Long-Term Liabilities	-	-	-	616.34	489.34	550.34
Total Liabilities	10,601	10,601	11,099	11,602	10,631	12,283
Preferred Stock, Non-Redeemable	-	-	-	-	0.02	0.02
Preferred Stock, Other	-	-	-	-	43.31	188.07
Total Preferred Equity	-	-	-	-	43.33	188.09
Common Stock	5.1	5.1	3.6	0.32	0.32	0.32
Additional Paid-In Capital	608.38	608.38	459.88	166.95	166.95	166.95
Retained Earnings	826.28	826.28	944.37	1,456	1,378	1,358
Treasury Stock	-	-	-	-40.18	-40.18	-0.18
Comprehensive Income & Other	-	-	-	-	-	9.63
Total Common Equity	1,440	1,440	1,408	1,584	1,505	1,535
Shareholders' Equity	1,440	1,440	1,408	1,584	1,549	1,723
Total Liabilities & Equity	12,041	12,041	12,507	13,186	12,179	14,006
Total Debt	4,464	4,464	4,435	4,521	4,246	5,350
Net Cash (Debt)	-4,067	-4,067	-3,767	-3,357	-2,306	-2,699
Net Cash Per Share	-132.36	-132.36	-122.41	-109.10	-71.63	-83.82
Filing Date Shares Outstanding	30.67	30.67	30.77	30.77	30.77	32.2
Total Common Shares Outstanding	30.67	30.67	30.77	30.77	30.77	32.2
Book Value Per Share	46.94	46.94	45.75	51.46	48.91	47.67
Tangible Book Value	1,360	1,360	1,301	1,439	1,344	1,330
Tangible Book Value Per Share	44.35	44.35	42.27	46.75	43.69	41.30

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