Bank Muscat SAOG (MSM: BKMB)

Bank Muscat SAOG Balance Sheet

Financials in millions OMR. 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	1,451	1,515	1,316	1,981	1,591	1,853
Investment Securities	1,541	1,565	1,291	1,213	1,151	957.08
Trading Asset Securities	122.61	43.82	41.58	39.41	56.19	48.21
Total Investments	1,664	1,609	1,333	1,253	1,207	1,005
Gross Loans	10,896	10,442	9,975	9,660	9,379	9,193
Allowance for Loan Losses	-628.27	-565.33	-557.66	-468.89	-396.08	-314.79
Net Loans	10,268	9,877	9,417	9,191	8,983	8,878
Property, Plant & Equipment	76.37	60.02	54.44	58.35	56.64	62.54
Other Intangible Assets	-	17.28	13.87	15.84	14.75	16.94
Accrued Interest Receivable	-	-	-	-	-	36.3
Other Receivables	471.16	456.08	521.52	451.38	365.95	304.41
Restricted Cash	0.5	0.5	0.5	0.5	0.5	0.5
Other Current Assets	119.63	131.4	108.89	111.43	143.56	123.32
Long-Term Deferred Tax Assets	1.94	1.74	7.27	6.47	7.29	6.02
Other Real Estate Owned & Foreclosed	-	0.1	0.1	0.1	0.1	1.81
Other Long-Term Assets	4.21	4.59	3.53	3.79	84.61	2.41
Total Assets	14,056	13,673	12,776	13,073	12,454	12,291
Interest Bearing Deposits	7,905	7,526	6,907	7,031	6,882	6,384
Non-Interest Bearing Deposits	2,843	1,964	1,791	1,793	2,165	2,091
Total Deposits	10,748	9,490	8,699	8,824	9,047	8,475
Short-Term Borrowings	22.51	777.31	585.25	691.93	32	18.68
Current Portion of Long-Term Debt	-	-	-	44.61	-	-
Current Portion of Leases	-	0.07	1.77	2.72	2.44	3.3
Current Income Taxes Payable	59.43	61.63	55.71	52.93	47.82	47.17
Accrued Interest Payable	-	-	-	-	-	84.49
Other Current Liabilities	121.43	132.93	109.15	111.66	143.74	123.46
Long-Term Debt	391.77	540.57	829.99	928.95	845.38	1,244
Long-Term Leases	43.91	45.45	42.7	44.86	45.72	47.11
Long-Term Unearned Revenue	5.35	-	-	-	9.58	8.76
Pension & Post-Retirement Benefits	7.34	6.93	6.76	6.83	7.4	7.01
Long-Term Deferred Tax Liabilities	5.34	3.5	0.87	0.87	0.87	0.87
Other Long-Term Liabilities	244.26	260.35	212.87	211.88	228.07	228.2
Total Liabilities	11,650	11,319	10,544	10,922	10,410	10,288
Common Stock	750.64	750.64	750.64	357.45	324.95	309.48
Additional Paid-In Capital	156.22	156.22	156.22	531.54	531.54	531.54
Retained Earnings	939.05	894.2	817.18	1,124	1,043	1,014
Comprehensive Income & Other	560.68	553.8	508.09	137.61	144.12	147.9
Total Common Equity	2,407	2,355	2,232	2,151	2,044	2,003
Shareholders' Equity	2,407	2,355	2,232	2,151	2,044	2,003
Total Liabilities & Equity	14,056	13,673	12,776	13,073	12,454	12,291
Total Debt	458.19	1,363	1,460	1,713	925.54	1,313
Net Cash (Debt)	1,115	195.7	-101.98	306.96	721.62	588.66
Net Cash Growth	1329.39%	-	-	-57.46%	22.59%	-38.05%
Net Cash Per Share	0.15	0.03	-0.01	0.04	0.10	0.08
Filing Date Shares Outstanding	7,506	7,506	7,506	7,507	7,506	7,506
Total Common Shares Outstanding	7,506	7,506	7,506	7,507	7,506	7,506
Book Value Per Share	0.25	0.25	0.23	0.27	0.25	0.25
Tangible Book Value	2,407	2,338	2,218	2,135	2,029	1,986
Tangible Book Value Per Share	0.25	0.24	0.23	0.27	0.25	0.25

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