Industrial Bank of Korea (KRX: 024110)

Industrial Bank of Korea Balance Sheet

Financials in millions KRW. 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	15,203,752	28,333,592	26,319,659	19,851,482	13,188,613	11,526,691
Investment Securities	5,582,002	2,049,133	8,849,082	8,797,624	14,938,841	13,749,744
Trading Asset Securities	91,783,279	84,982,442	83,727,177	77,024,786	66,950,482	56,323,867
Total Investments	97,365,281	87,031,575	92,576,259	85,822,410	81,889,323	70,073,611
Gross Loans	331,683,265	321,083,227	306,075,537	282,215,041	257,938,885	229,531,872
Allowance for Loan Losses	-5,010,726	-4,713,819	-3,756,406	-2,927,161	-2,798,185	-2,604,956
Other Adjustments to Gross Loans	-6,827	-7,462	-8,252	-9,263	-7,132	-8,508
Net Loans	326,665,712	316,361,946	302,310,879	279,278,617	255,133,568	226,918,408
Property, Plant & Equipment	2,361,992	2,248,154	2,156,909	2,170,206	2,116,952	2,097,868
Other Intangible Assets	268,217	214,920	182,147	194,738	195,131	238,733
Investments in Real Estate	86,476	82,999	88,512	57,718	57,633	57,617
Accrued Interest Receivable	1,642,570	1,825,489	1,566,231	1,190,883	1,062,533	1,112,520
Other Receivables	522,603	288,497	400,298	420,211	360,983	300,240
Other Current Assets	505,891	515,920	662,642	647,417	887,333	245,825
Long-Term Deferred Tax Assets	97,127	112,215	101,238	32,261	14,757	11,492
Other Long-Term Assets	13,585,331	11,330,708	4,739,514	8,331,867	6,619,772	5,463,186
Total Assets	458,374,265	448,427,279	431,186,338	398,071,914	361,616,177	318,111,038
Accrued Expenses	3,638,787	3,065,232	1,947,009	1,211,636	1,241,992	1,584,829
Interest Bearing Deposits	85,006,633	88,911,049	83,340,149	78,758,903	69,715,339	60,866,855
Non-Interest Bearing Deposits	63,874,962	65,133,945	71,709,687	79,493,074	71,226,205	57,124,280
Total Deposits	148,881,595	154,044,994	155,049,836	158,251,977	140,941,544	117,991,135
Short-Term Borrowings	9,455,296	6,468,005	8,296,439	5,160,191	6,592,921	4,523,487
Current Income Taxes Payable	350,569	393,312	687,841	513,216	235,039	212,034
Other Current Liabilities	1,841,340	2,016,472	1,394,697	1,242,510	1,139,830	1,536,907
Long-Term Debt	239,378,030	236,043,349	225,895,121	196,874,934	178,309,730	162,249,232
Long-Term Unearned Revenue	160,614	177,303	191,308	164,390	149,482	176,965
Long-Term Deferred Tax Liabilities	435,629	288,792	258,846	490,957	410,715	300,389
Other Long-Term Liabilities	20,504,643	14,113,059	8,209,312	6,628,254	7,452,575	6,759,413
Total Liabilities	424,646,503	416,610,518	401,930,409	370,538,065	336,473,828	295,334,391
Preferred Stock, Non-Redeemable	224,235	224,235	224,235	489,861	489,861	489,861
Total Preferred Equity	224,235	224,235	224,235	489,861	489,861	489,861
Common Stock	3,987,130	3,987,130	3,987,130	3,721,504	3,693,322	2,885,785
Additional Paid-In Capital	1,171,667	1,178,177	1,174,836	1,171,905	1,145,060	687,548
Retained Earnings	23,172,744	21,889,945	20,180,222	18,073,334	16,158,648	15,346,858
Comprehensive Income & Other	4,902,732	4,377,098	3,527,402	3,930,773	3,531,361	3,251,758
Total Common Equity	33,234,273	31,432,350	28,869,590	26,897,516	24,528,391	22,171,949
Minority Interest	269,254	160,176	162,104	146,472	124,097	114,837
Shareholders' Equity	33,727,762	31,816,761	29,255,929	27,533,849	25,142,349	22,776,647
Total Liabilities & Equity	458,374,265	448,427,279	431,186,338	398,071,914	361,616,177	318,111,038
Total Debt	248,833,326	242,511,354	234,191,560	202,035,125	184,902,651	166,772,719
Net Cash (Debt)	-138,119,044	-128,894,951	-116,814,599	-97,713,448	-90,731,110	-85,965,081
Net Cash Per Share	-173206.10	-161638.76	-156578.07	-131609.82	-135829.90	-150027.37
Filing Date Shares Outstanding	797.43	797.43	797.43	744.3	738.66	577.16
Total Common Shares Outstanding	797.43	797.43	797.43	744.3	738.66	577.16
Book Value Per Share	41676.94	39417.27	36203.48	36137.98	33206.41	38415.80
Tangible Book Value	32,966,056	31,217,430	28,687,443	26,702,778	24,333,260	21,933,216
Tangible Book Value Per Share	41340.59	39147.75	35975.06	35876.34	32942.24	38002.17

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