Access Holdings Plc (NGX: ACCESSCORP)

Access Holdings 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	5,525,644	3,567,975	1,932,706	1,531,998	837,639	621,546
Investment Securities	9,710,126	4,813,566	2,779,264	2,187,948	1,632,304	1,188,444
Trading Asset Securities	4,043,246	2,400,719	505,187	1,063,840	459,065	273,340
Total Investments	13,753,372	7,214,285	3,284,451	3,251,788	2,091,369	1,461,784
Gross Loans	14,224,333	9,078,086	5,657,650	4,596,864	3,761,363	3,264,936
Allowance for Loan Losses	-294,850	-156,903	-99,320	-150,520	-149,706	-193,016
Other Adjustments to Gross Loans	-	-2,925	-1,813	-433	-728.82	-7,516
Net Loans	13,929,483	8,918,258	5,556,517	4,445,911	3,610,928	3,064,405
Property, Plant & Equipment	523,154	424,702	298,351	247,734	226,479	211,214
Goodwill	120,416	42,784	47,672	12,664	11,782	5,236
Other Intangible Assets	153,662	127,940	61,415	57,668	57,408	57,244
Investments in Real Estate	437	437	217	217	217	927
Other Receivables	914,139	1,690,770	227,735	182,155	192,916	141,203
Restricted Cash	3,688,794	3,107,678	2,136,944	1,466,414	1,219,149	759,267
Other Current Assets	480,058	212,986	103,139	104,189	60,506	64,898
Long-Term Deferred Tax Assets	64,502	42,976	15,095	13,781	4,240	8,808
Other Real Estate Owned & Foreclosed	110,543	75,417	42,039	42,737	28,318	24,958
Other Long-Term Assets	1,825,264	1,262,623	1,292,121	374,709	338,795	721,669
Total Assets	41,089,468	26,688,831	14,998,402	11,731,965	8,679,748	7,143,157
Accrued Expenses	64,042	26,885	9,143	8,719	1,936	2,186
Interest Bearing Deposits	22,633,769	12,931,798	7,365,443	6,083,549	4,243,841	3,760,629
Non-Interest Bearing Deposits	9,363,905	6,828,142	3,891,111	2,567,799	2,301,974	1,681,564
Total Deposits	31,997,674	19,759,940	11,256,554	8,651,348	6,545,815	5,442,194
Short-Term Borrowings	179,626	503,785	42,914	38,431	20,881	6,886
Current Portion of Long-Term Debt	-	576,773	300,804	529,624	320,055	5,704
Current Portion of Leases	2,446	3,916	2,168	3,831	3,379	2,504
Current Income Taxes Payable	44,218	24,518	5,594	4,643	2,160	3,531
Other Current Liabilities	593,666	1,057,779	475,969	312,988	172,916	91,455
Long-Term Debt	3,656,167	1,876,582	1,386,301	881,652	640,560	738,887
Long-Term Leases	29,389	12,761	9,908	11,475	10,210	7,821
Pension & Post-Retirement Benefits	7,803	8,577	3,277	3,877	4,941	3,609
Long-Term Deferred Tax Liabilities	19,216	25,710	1,872	11,652	14,877	11,273
Other Long-Term Liabilities	1,194,311	625,971	272,507	223,696	190,976	220,368
Total Liabilities	37,788,558	24,503,197	13,767,011	10,681,936	7,928,706	6,536,417
Common Stock	17,773	17,773	17,773	17,773	17,773	17,773
Additional Paid-In Capital	237,527	237,527	237,527	237,527	237,528	237,528
Retained Earnings	1,541,302	1,190,861	645,562	540,715	414,398	333,080
Treasury Stock	-24,056	-20,974	-11,228	-7,513	-5,112	-4,796
Comprehensive Income & Other	1,371,251	684,898	318,950	238,050	79,116	14,626
Total Common Equity	3,143,797	2,110,085	1,208,584	1,026,552	743,703	598,211
Minority Interest	157,113	75,549	22,807	23,477	7,339	8,529
Shareholders' Equity	3,300,910	2,185,634	1,231,391	1,050,029	751,041	606,740
Total Liabilities & Equity	41,089,468	26,688,831	14,998,402	11,731,965	8,679,748	7,143,157
Total Debt	3,867,628	2,973,817	1,742,095	1,465,013	995,084	761,802
Net Cash (Debt)	5,701,262	2,994,877	1,232,475	1,285,874	348,079	232,432
Net Cash Growth	125.46%	143.00%	-4.15%	269.42%	49.76%	-47.69%
Net Cash Per Share	160.39	84.26	34.67	36.18	9.79	6.86
Filing Date Shares Outstanding	35,515	34,431	34,288	34,568	34,816	34,982
Total Common Shares Outstanding	35,515	34,431	34,288	34,568	34,816	34,982
Book Value Per Share	82.71	55.29	29.23	23.73	21.36	17.10
Tangible Book Value	2,869,719	1,939,361	1,099,497	956,220	674,513	535,731
Tangible Book Value Per Share	74.99	50.33	26.05	21.69	19.37	15.31

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