Virgin Money UK PLC (LON: VMUK)

Virgin Money UK Balance Sheet

Financials in millions GBP. Fiscal year is October - September.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Cash & Equivalents	13,298	1,489	1,621	2,156	9,761	11,076
Investment Securities	5,773	6,194	5,074	4,352	5,080	4,328
Trading Asset Securities	103	196	420	293	521	633
Total Investments	5,876	6,390	5,494	4,645	5,601	4,961
Gross Loans	73,261	73,380	73,194	72,581	73,201	73,493
Allowance for Loan Losses	-612	-612	-454	-496	-735	-362
Other Adjustments to Gross Loans	-305	-575	-986	-209	-36	-36
Net Loans	72,344	72,193	71,754	71,876	72,430	73,095
Property, Plant & Equipment	-	184	211	250	288	145
Goodwill	-	11	11	11	11	11
Other Intangible Assets	150	162	256	362	480	505
Investments in Real Estate	-	40	-	-	-	-
Other Receivables	-	87	87	23	30	15
Restricted Cash	224	10,460	11,256	8,355	273	238
Long-Term Deferred Tax Assets	266	193	146	377	326	322
Other Long-Term Assets	875	577	1,071	1,045	1,059	631
Total Assets	93,033	91,786	91,907	89,100	90,259	90,999
Accrued Expenses	-	67	74	76	94	130
Interest Bearing Deposits	68,721	62,144	60,458	61,958	63,030	60,837
Non-Interest Bearing Deposits	-	4,542	4,952	4,936	4,549	3,002
Total Deposits	68,721	66,686	65,410	66,894	67,579	63,839
Short-Term Borrowings	1,268	842	1,532	209	250	273
Current Portion of Long-Term Debt	1,034	1,882	1,532	1,286	1,646	1,832
Current Portion of Leases	-	22	22	26	27	-
Current Income Taxes Payable	-	-	1	-	-	-
Accrued Interest Payable	-	218	74	99	188	207
Long-Term Debt	14,073	14,147	14,224	12,288	12,524	16,633
Long-Term Leases	173	158	110	128	148	-
Long-Term Unearned Revenue	-	-	-	20	35	-
Long-Term Deferred Tax Liabilities	111	179	350	296	274	201
Other Long-Term Liabilities	1,994	1,978	2,238	2,305	2,562	2,863
Total Liabilities	87,374	86,179	85,567	83,627	85,327	85,978
Common Stock	130	134	141	144	144	143
Additional Paid-In Capital	10	9	7	5	3	3
Retained Earnings	3,126	3,053	3,471	3,049	2,624	2,661
Treasury Stock	-5	-2	-	-	-	-1
Comprehensive Income & Other	2,398	2,413	2,721	2,275	2,161	2,215
Total Common Equity	5,659	5,607	6,340	5,473	4,932	5,021
Shareholders' Equity	5,659	5,607	6,340	5,473	4,932	5,021
Total Liabilities & Equity	93,033	91,786	91,907	89,100	90,259	90,999
Total Debt	16,548	17,051	17,420	13,937	14,595	18,738
Net Cash (Debt)	-3,147	-15,366	-15,379	-11,488	-4,313	-7,029
Net Cash Per Share	-2.34	-11.14	-10.65	-7.96	-3.00	-4.97
Filing Date Shares Outstanding	1,296	1,345	1,409	1,440	1,439	1,434
Total Common Shares Outstanding	1,296	1,345	1,409	1,440	1,439	1,434
Book Value Per Share	3.72	3.73	4.03	3.80	3.43	3.50
Tangible Book Value	5,509	5,434	6,073	5,100	4,441	4,505
Tangible Book Value Per Share	3.61	3.60	3.84	3.54	3.09	3.14

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