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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	20,551	12,768	27,840	24,393	8,795	1,832
Investment Securities	35,937	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	36,511	27,326	4,229	1,832	3,156	907.09
Gross Loans	10,649	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	10,204	14,138	5,160	6,161	4,788	7,738
Property, Plant & Equipment	1,508	1,352	1,324	1,128	1,093	1,095
Other Intangible Assets	264.27	73.99	65.47	12.01	16.62	11.52
Other Receivables	388.04	100	-	36.38	181.92	94.99
Restricted Cash	766.62	766.62	630.14	468.14	290.02	128.71
Other Current Assets	776.52	613.35	55.25	420.4	190.77	452.88
Other Long-Term Assets	13.59	404.41	554.32	9.33	9.74	-
Total Assets	70,984	57,542	39,858	34,460	18,520	12,260
Accounts Payable	239.29	462.82	374.51	377	200.19	146.39
Accrued Expenses	6.52	1.59	1.63	1.66	2.88	6.02
Interest Bearing Deposits	48,419	36,520	26,162	19,636	11,048	5,578
Non-Interest Bearing Deposits	4,594	3,530	1,466	1,641	3,581	762.69
Total Deposits	53,013	40,050	27,628	21,277	14,629	6,341
Short-Term Borrowings	-	10.03	3,738	5,578	-	-
Current Portion of Leases	-	1.33	0.92	14.22	7.19	1.69
Current Income Taxes Payable	52.1	83.84	63.99	49.33	21.61	27.98
Other Current Liabilities	82.08	73.4	37.18	12.62	34.24	15.9
Long-Term Debt	4,919	4,288	315.15	218.14	269.3	325.84
Other Long-Term Liabilities	4,000	4,000	-0	-	-	-
Total Liabilities	62,312	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	2,018	1,916	-2,496	-3,262	-3,884	417.61
Comprehensive Income & Other	-	-0	-	0	-	-
Shareholders' Equity	8,672	8,570	7,698	6,932	3,355	5,395
Total Liabilities & Equity	70,984	57,542	39,858	34,460	18,520	12,260
Total Debt	4,919	4,300	4,054	5,810	276.49	327.52
Net Cash (Debt)	16,206	9,019	24,283	19,080	8,848	1,763
Net Cash Growth	-32.05%	-62.86%	27.27%	115.65%	401.81%	164.24%
Net Cash Per Share	1.32	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	0.85	0.84	0.76	0.68	0.52	1.28
Tangible Book Value	8,407	8,496	7,633	6,920	3,338	5,383
Tangible Book Value Per Share	0.83	0.84	0.75	0.68	0.52	1.28

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