Abbey Mortgage Bank Plc (NGX: ABBEYBDS)

Abbey Mortgage Bank Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	24,939	24,939	12,768	27,840	24,393	8,795
Investment Securities	41,751	41,751	26,776	3,732	1,335	2,826
Trading Asset Securities	827	827	550.53	497.11	497.11	329.33
Total Investments	42,578	42,578	27,326	4,229	1,832	3,156
Gross Loans	12,317	12,317	14,583	5,647	6,782	5,626
Allowance for Loan Losses	-271.46	-271.46	-444.37	-487.37	-620.71	-837.53
Net Loans	12,046	12,046	14,138	5,160	6,161	4,788
Property, Plant & Equipment	1,479	1,479	1,352	1,324	1,128	1,093
Other Intangible Assets	270.25	270.25	73.99	65.47	12.01	16.62
Other Receivables	19.5	19.5	100	-	36.38	181.92
Restricted Cash	1,020	1,020	766.62	630.14	468.14	290.02
Other Current Assets	886.67	886.67	613.35	55.25	420.4	190.77
Other Long-Term Assets	12.58	12.58	404.41	554.32	9.33	9.74
Total Assets	83,251	83,251	57,542	39,858	34,460	18,520
Accounts Payable	507.21	507.21	462.82	374.51	377	200.19
Accrued Expenses	1.11	1.11	1.59	1.63	1.66	2.88
Interest Bearing Deposits	48,310	48,310	36,520	26,162	19,636	11,048
Non-Interest Bearing Deposits	4,538	4,538	3,530	1,466	1,641	3,581
Total Deposits	52,848	52,848	40,050	27,628	21,277	14,629
Short-Term Borrowings	10,965	10,965	10.03	3,738	5,578	-
Current Portion of Leases	0.42	0.42	1.33	0.92	14.22	7.19
Current Income Taxes Payable	61.84	61.84	83.84	63.99	49.33	21.61
Other Current Liabilities	109.03	109.03	73.4	37.18	12.62	34.24
Long-Term Debt	5,373	5,373	4,288	315.15	218.14	269.3
Other Long-Term Liabilities	4,000	4,000	4,000	-0	-	-
Total Liabilities	73,867	73,867	48,973	32,160	27,528	15,165
Common Stock	5,077	5,077	5,077	5,077	5,077	3,231
Additional Paid-In Capital	1,577	1,577	1,577	5,117	5,117	4,008
Retained Earnings	2,731	2,731	1,916	-2,496	-3,262	-3,884
Comprehensive Income & Other	-	-	-0	-	0	-
Shareholders' Equity	9,385	9,385	8,570	7,698	6,932	3,355
Total Liabilities & Equity	83,251	83,251	57,542	39,858	34,460	18,520
Total Debt	16,338	16,338	4,300	4,054	5,810	276.49
Net Cash (Debt)	9,428	9,428	9,019	24,283	19,080	8,848
Net Cash Growth	4.54%	4.54%	-62.86%	27.27%	115.65%	401.81%
Net Cash Per Share	0.93	0.93	0.89	2.39	2.72	1.40
Filing Date Shares Outstanding	10,249	10,249	10,154	10,154	10,154	6,462
Total Common Shares Outstanding	10,249	10,249	10,154	10,154	10,154	6,462
Book Value Per Share	0.92	0.92	0.84	0.76	0.68	0.52
Tangible Book Value	9,115	9,115	8,496	7,633	6,920	3,338
Tangible Book Value Per Share	0.89	0.89	0.84	0.75	0.68	0.52

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