Kuwait International Bank K.S.C.P. (KWSE: KIB)

KIB Balance Sheet

Financials in millions KWD. 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	55.28	289.77	216.78	232.91	350.47	295.27
Investment Securities	618.72	545.54	494.77	442.08	268.69	168.28
Trading Asset Securities	2.98	2.84	2.77	1.73	13.51	13.15
Total Investments	621.7	548.38	497.55	443.81	282.21	181.42
Gross Loans	2,751	2,552	2,694	2,332	2,038	1,974
Allowance for Loan Losses	-83.06	-66.49	-76.76	-61.88	-52.93	-52.94
Net Loans	2,668	2,486	2,617	2,270	1,985	1,921
Property, Plant & Equipment	46.87	47.02	43.56	40.56	33.79	31.04
Investments in Real Estate	72.69	63.28	42.71	53.55	53.82	58.24
Accrued Interest Receivable	6.48	3.5	2.54	2.29	2.87	-
Other Receivables	-	-	11.19	6.01	-	150.17
Restricted Cash	95.1	147.27	125.58	67.03	78.57	34.73
Other Current Assets	2.88	1.66	4.17	3.48	1.81	-
Other Long-Term Assets	26.69	28.51	19.73	14.96	13.02	15.61
Total Assets	3,596	3,615	3,581	3,135	2,802	2,688
Accrued Expenses	7.49	9.74	9.42	8.88	8.67	7.21
Interest Bearing Deposits	2,242	2,119	2,339	2,062	1,645	1,470
Non-Interest Bearing Deposits	-	29.06	25.13	31.12	22.27	17.32
Total Deposits	2,242	2,148	2,364	2,093	1,667	1,487
Current Portion of Long-Term Debt	-	727.66	569.97	530.71	-	-
Current Income Taxes Payable	0.19	0.18	0.13	0.5	0	1.34
Accrued Interest Payable	11.05	15.5	15.55	7.43	6.53	9.62
Other Current Liabilities	1.44	1.42	1.41	1.39	1.53	1.34
Long-Term Debt	825.7	223.19	222.83	90.4	739.52	777.8
Long-Term Leases	2.89	3.6	2.99	2.27	1.51	2.45
Pension & Post-Retirement Benefits	13.92	15.01	14.9	12.41	9.29	11.18
Other Long-Term Liabilities	44	43.02	30.82	30.62	15.15	14.37
Total Liabilities	3,149	3,187	3,232	2,777	2,449	2,312
Common Stock	170.34	165.38	117.81	113.28	113.28	107.88
Additional Paid-In Capital	71.43	71.43	54.32	54.33	54.33	54.33
Retained Earnings	116.91	116.49	111.26	109.95	104.46	129.57
Treasury Stock	-45.16	-45.16	-45.21	-45.23	-45.23	-45.23
Comprehensive Income & Other	130.26	116.13	106.97	121.75	121.91	125.28
Total Common Equity	443.78	424.27	345.14	354.07	348.74	371.83
Minority Interest	3.57	3.55	3.55	3.66	3.58	3.59
Shareholders' Equity	447.35	427.82	348.69	357.72	352.32	375.42
Total Liabilities & Equity	3,596	3,615	3,581	3,135	2,802	2,688
Total Debt	828.59	954.45	795.79	623.38	741.03	780.25
Net Cash (Debt)	-610.4	-477.97	-388.51	-242.45	-280.74	-471.84
Net Cash Per Share	-0.39	-0.34	-0.33	-0.21	-0.25	-0.42
Filing Date Shares Outstanding	1,577	1,622	1,136	1,136	1,136	1,136
Total Common Shares Outstanding	1,577	1,622	1,136	1,136	1,136	1,136
Book Value Per Share	0.22	0.21	0.22	0.23	0.23	0.25
Tangible Book Value	443.78	424.27	345.14	354.07	348.74	371.83
Tangible Book Value Per Share	0.22	0.21	0.22	0.23	0.23	0.25

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