SpareBank 1 SMN (LON:0IVM)

SpareBank 1 SMN Balance Sheet

Financials in millions NOK. 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	654	1,172	1,171	1,252	2,764
Investment Securities	10,084	8,695	46,076	38,252	33,936
Trading Asset Securities	44,931	41,959	7,514	5,772	9,586
Total Investments	55,015	50,654	53,590	44,024	43,522
Gross Loans	189,268	178,608	164,398	152,099	139,834
Allowance for Loan Losses	-848	-907	-1,081	-1,410	-1,517
Other Adjustments to Gross Loans	-	-	-105	-95	-95
Net Loans	188,420	177,701	163,212	150,594	138,222
Property, Plant & Equipment	737	666	557	672	664
Goodwill	-	-	-	808	757
Other Intangible Assets	1,230	1,228	663	45	148
Accrued Interest Receivable	211	153	104	186	185
Other Receivables	221	66	262	300	678
Other Current Assets	190	112	1,919	59	41
Long-Term Deferred Tax Assets	1	6	5	90	129
Other Long-Term Assets	1,020	959	1,627	815	802
Total Assets	247,699	232,717	223,110	198,845	187,912
Accrued Expenses	571	461	401	785	682
Interest Bearing Deposits	154,838	146,049	35,530	28,394	24,697
Non-Interest Bearing Deposits	-	-	101,116	97,957	87,926
Total Deposits	154,838	146,049	136,646	126,351	112,623
Short-Term Borrowings	6,152	6,989	8,307	3,909	7,179
Current Portion of Long-Term Debt	-	-	9,647	7,222	7,355
Current Portion of Leases	-	-	56	59	63
Current Income Taxes Payable	1,042	900	705	583	408
Other Current Liabilities	2	1	1,093	1	1
Long-Term Debt	52,908	48,064	40,158	35,341	37,002
Long-Term Leases	460	403	283	417	416
Pension & Post-Retirement Benefits	8	9	6	8	10
Long-Term Deferred Tax Liabilities	290	216	127	56	81
Other Long-Term Liabilities	904	1,030	874	872	783
Total Liabilities	217,175	204,122	198,303	175,604	166,603
Common Stock	2,884	2,884	2,597	2,597	2,597
Additional Paid-In Capital	2,422	2,422	895	895	895
Retained Earnings	17,508	17,077	15,076	13,862	12,769
Treasury Stock	-	-	-11	-9	-9
Comprehensive Income & Other	6,889	5,546	5,253	4,907	4,219
Total Common Equity	29,703	27,929	23,810	22,252	20,471
Minority Interest	821	666	997	989	838
Shareholders' Equity	30,524	28,595	24,807	23,241	21,309
Total Liabilities & Equity	247,699	232,717	223,110	198,845	187,912
Total Debt	59,520	55,456	58,451	46,948	52,015
Net Cash (Debt)	-13,935	-12,325	-49,766	-39,924	-39,665
Net Cash Per Share	-96.64	-89.24	-384.84	-308.68	-306.63
Filing Date Shares Outstanding	144.21	144.2	129.29	129.39	129.39
Total Common Shares Outstanding	144.21	144.2	129.29	129.39	129.39
Book Value Per Share	191.83	180.48	170.48	161.99	148.22
Tangible Book Value	28,473	26,701	23,147	21,399	19,566
Tangible Book Value Per Share	183.30	171.96	165.35	155.39	141.22

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