Zambia National Commercial Bank Plc (LUSE: ZANACO)

LUSE: ZANACO Balance Sheet

Financials in millions ZMW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	9,235	6,398	4,821	3,777	4,102	2,724
Investment Securities	12,106	11,637	12,819	6,654	4,672	1,933
Trading Asset Securities	2,715	2,810	1,946	2,582	687.99	444.03
Total Investments	14,821	14,447	14,765	9,236	5,360	2,377
Gross Loans	15,713	16,964	12,702	10,250	7,780	5,387
Allowance for Loan Losses	-	-453.23	-355.82	-434.66	-293.75	-210.35
Net Loans	15,713	16,511	12,346	9,815	7,487	5,177
Property, Plant & Equipment	1,076	725.26	520.06	523.87	474.75	610.85
Other Intangible Assets	-	293.75	209.46	344.43	257.64	19.37
Other Receivables	3,346	-	-	-	-	10.12
Restricted Cash	-	5,924	2,699	1,758	1,371	803.09
Other Current Assets	-	196.07	215.56	391.64	93.18	88.22
Long-Term Deferred Tax Assets	-	304.86	275.53	258.69	100.49	60.68
Other Long-Term Assets	2,071	-	-	-	94.43	16.12
Total Assets	46,263	44,800	35,852	26,104	19,340	11,885
Accrued Expenses	-	806.91	440.28	563.15	225.77	201.91
Interest Bearing Deposits	38,456	12,845	9,543	6,316	5,134	3,817
Non-Interest Bearing Deposits	-	22,880	20,146	13,007	10,565	6,031
Total Deposits	38,456	35,725	29,689	19,323	15,698	9,848
Short-Term Borrowings	-	599.95	42.06	316.36	1.19	18.55
Current Portion of Long-Term Debt	-	824.39	512.69	679.87	1,138	317.01
Current Portion of Leases	-	42.15	30.79	28.53	3.68	1.53
Current Income Taxes Payable	-	151.92	45.06	290.51	4.42	-
Other Current Liabilities	2,347	279.72	238.44	747.02	701.78	302.27
Long-Term Debt	1,116	1,880	1,789	1,965	200.16	83.36
Long-Term Leases	-	76.04	77.21	83.96	142.09	118.88
Other Long-Term Liabilities	-	-	-	-	-	5.24
Total Liabilities	41,919	40,536	33,000	24,050	18,168	10,959
Common Stock	4,344	86.63	86.63	86.63	86.63	86.63
Additional Paid-In Capital	-	2.62	2.62	2.62	2.62	2.62
Retained Earnings	-	3,976	2,690	1,890	1,012	783.67
Comprehensive Income & Other	-	199.72	72.92	74.44	70.53	53.36
Shareholders' Equity	4,344	4,265	2,852	2,054	1,172	926.28
Total Liabilities & Equity	46,263	44,800	35,852	26,104	19,340	11,885
Total Debt	1,116	3,422	2,452	3,074	1,485	539.31
Net Cash (Debt)	10,834	5,786	4,315	3,284	3,304	2,628
Net Cash Growth	151.10%	34.11%	31.37%	-0.61%	25.73%	14.88%
Net Cash Per Share	7.50	4.01	2.99	2.27	2.29	1.82
Filing Date Shares Outstanding	1,444	1,444	1,444	1,444	1,444	1,444
Total Common Shares Outstanding	1,444	1,444	1,444	1,444	1,444	1,444
Book Value Per Share	3.01	2.95	1.98	1.42	0.81	0.64
Tangible Book Value	4,344	3,971	2,642	1,709	914.16	906.91
Tangible Book Value Per Share	3.01	2.75	1.83	1.18	0.63	0.63

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