Abbey Mortgage Bank Plc (NGX: ABBEYBDS)

Abbey Mortgage Bank Balance Sheet

Financials in millions NGN. 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	19,247	12,768	27,840	24,393	8,795	1,832
Investment Securities	50,986	26,776	3,732	1,335	2,826	648.32
Trading Asset Securities	574	550.53	497.11	497.11	329.33	258.78
Total Investments	51,560	27,326	4,229	1,832	3,156	907.09
Gross Loans	9,805	14,583	5,647	6,782	5,626	9,195
Allowance for Loan Losses	-444.37	-444.37	-487.37	-620.71	-837.53	-1,457
Net Loans	9,361	14,138	5,160	6,161	4,788	7,738
Property, Plant & Equipment	1,498	1,352	1,324	1,128	1,093	1,095
Other Intangible Assets	273.86	73.99	65.47	12.01	16.62	11.52
Other Receivables	490.19	100	-	36.38	181.92	94.99
Restricted Cash	766.62	766.62	630.14	468.14	290.02	128.71
Other Current Assets	853.15	613.35	55.25	420.4	190.77	452.88
Other Long-Term Assets	13.85	404.41	554.32	9.33	9.74	-
Total Assets	84,064	57,542	39,858	34,460	18,520	12,260
Accounts Payable	184.8	462.82	374.51	377	200.19	146.39
Accrued Expenses	7.12	1.59	1.63	1.66	2.88	6.02
Interest Bearing Deposits	50,015	36,520	26,162	19,636	11,048	5,578
Non-Interest Bearing Deposits	6,973	3,530	1,466	1,641	3,581	762.69
Total Deposits	56,988	40,050	27,628	21,277	14,629	6,341
Short-Term Borrowings	8,017	10.03	3,738	5,578	-	-
Current Portion of Leases	-	1.33	0.92	14.22	7.19	1.69
Current Income Taxes Payable	42.25	83.84	63.99	49.33	21.61	27.98
Other Current Liabilities	148.3	73.4	37.18	12.62	34.24	15.9
Long-Term Debt	5,583	4,288	315.15	218.14	269.3	325.84
Other Long-Term Liabilities	4,000	4,000	-0	-	-	-
Total Liabilities	74,972	48,973	32,160	27,528	15,165	6,865
Common Stock	5,077	5,077	5,077	5,077	3,231	2,100
Additional Paid-In Capital	1,577	1,577	5,117	5,117	4,008	2,877
Retained Earnings	2,438	1,916	-2,496	-3,262	-3,884	417.61
Comprehensive Income & Other	-	-0	-	0	-	-
Shareholders' Equity	9,092	8,570	7,698	6,932	3,355	5,395
Total Liabilities & Equity	84,064	57,542	39,858	34,460	18,520	12,260
Total Debt	13,600	4,300	4,054	5,810	276.49	327.52
Net Cash (Debt)	6,221	9,019	24,283	19,080	8,848	1,763
Net Cash Growth	-76.67%	-62.86%	27.27%	115.65%	401.81%	164.24%
Net Cash Per Share	0.56	0.89	2.39	2.72	1.40	0.42
Filing Date Shares Outstanding	10,154	10,154	10,154	10,154	6,462	4,200
Total Common Shares Outstanding	10,154	10,154	10,154	10,154	6,462	4,200
Book Value Per Share	0.90	0.84	0.76	0.68	0.52	1.28
Tangible Book Value	8,818	8,496	7,633	6,920	3,338	5,383
Tangible Book Value Per Share	0.87	0.84	0.75	0.68	0.52	1.28

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