Guaranty Trust Holding Company Plc (NGX: GTCO)

GTCO 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	-	2,257,307	1,596,079	905,657	711,429	585,156
Investment Securities	-	2,480,328	1,235,116	1,169,296	991,741	746,104
Trading Asset Securities	-	46,029	152,610	86,884	82,471	117,431
Total Investments	-	2,526,357	1,387,726	1,256,180	1,074,212	863,536
Gross Loans	-	2,614,625	1,972,442	1,886,409	1,743,895	1,569,339
Allowance for Loan Losses	-	-134,375	-86,589	-83,707	-81,065	-67,254
Net Loans	-	2,480,250	1,885,853	1,802,702	1,662,831	1,502,085
Property, Plant & Equipment	-	224,299	197,860	203,972	175,168	165,356
Goodwill	-	19,161	19,116	8,690	8,688	8,684
Other Intangible Assets	-	13,915	10,296	10,884	11,185	11,561
Other Receivables	-	234,133	70,943	77,117	83,046	22,840
Restricted Cash	-	1,708,904	1,100,191	1,016,214	1,045,750	459,492
Other Current Assets	-	154,987	101,714	94,940	96,070	93,614
Long-Term Deferred Tax Assets	-	18,286	10,983	3,188	4,716	2,257
Other Real Estate Owned & Foreclosed	-	34.8	17.03	16.27	12,048	11,036
Other Long-Term Assets	-	53,621	65,678	56,475	59,510	33,302
Total Assets	-	9,691,255	6,446,456	5,436,035	4,944,653	3,758,919
Accounts Payable	-	102,152	48,144	22,534	38,236	33,542
Interest Bearing Deposits	-	3,102,595	2,141,482	1,903,222	1,635,326	1,166,252
Non-Interest Bearing Deposits	-	4,444,292	2,468,861	2,227,111	1,975,503	1,473,807
Total Deposits	-	7,546,888	4,610,343	4,130,333	3,610,829	2,640,059
Short-Term Borrowings	-	-	4,367	1,581	2,759	2,316
Current Portion of Long-Term Debt	-	50,689	96,159	102,872	50,755	45,395
Current Portion of Leases	-	219.74	250.7	608.65	1,568	351.3
Current Income Taxes Payable	-	41,303	35,308	22,676	21,592	20,597
Other Current Liabilities	-	130,496	243,558	96,604	61,479	24,042
Long-Term Debt	-	21,431	30,369	51,026	63,140	117,605
Long-Term Leases	-	11,198	3,697	5,522	6,520	4,924
Long-Term Unearned Revenue	-	543.25	154.02	335.52	109.3	91.55
Pension & Post-Retirement Benefits	-	1,241	561.31	450.22	460.35	402.75
Long-Term Deferred Tax Liabilities	-	59,681	12,028	12,801	24,961	10,569
Other Long-Term Liabilities	-	248,285	430,367	105,465	247,851	171,688
Total Liabilities	-	8,214,127	5,515,307	4,552,808	4,130,258	3,071,581
Common Stock	-	14,716	14,716	14,716	14,716	14,716
Additional Paid-In Capital	-	123,471	123,471	123,471	123,471	123,471
Retained Earnings	-	1,202,170	765,352	710,057	642,406	526,562
Treasury Stock	-	-8,126	-8,126	-8,126	-6,928	-6,532
Comprehensive Income & Other	-	115,411	16,592	24,239	24,950	15,390
Total Common Equity	2,349,014	1,447,642	912,004	864,357	798,615	673,607
Minority Interest	-	29,486	19,145	18,870	15,781	13,730
Shareholders' Equity	2,399,626	1,477,128	931,149	883,227	814,396	687,337
Total Liabilities & Equity	-	9,691,255	6,446,456	5,436,035	4,944,653	3,758,919
Total Debt	319,580	83,537	134,843	161,609	124,741	170,591
Net Cash (Debt)	3,718,883	2,219,799	1,613,845	830,933	669,160	531,997
Net Cash Growth	79.05%	37.55%	94.22%	24.18%	25.78%	18.96%
Net Cash Per Share	132.74	79.22	57.59	29.64	23.83	18.94
Filing Date Shares Outstanding	28,738	21,305	21,305	21,305	29,424	28,085
Total Common Shares Outstanding	28,738	21,305	21,305	21,305	29,424	28,085
Book Value Per Share	115.10	67.95	42.81	40.57	27.14	23.98
Tangible Book Value	2,313,988	1,414,566	882,592	844,783	778,742	653,362
Tangible Book Value Per Share	113.38	66.40	41.43	39.65	26.47	23.26

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