Infinity Trust Mortgage Bank Plc (NGX:INFINITY)

NGX:INFINITY 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	6,575	3,484	1,680	689.76	2,233	1,613
Investment Securities	1,316	1,628	548.14	606.6	909.81	1,203
Total Investments	1,316	1,628	548.14	606.6	909.81	1,203
Gross Loans	25,702	15,746	15,286	12,299	10,017	7,216
Allowance for Loan Losses	-652.05	-472.95	-274.73	-208.29	-190.19	-168.26
Net Loans	25,050	15,273	15,012	12,090	9,827	7,047
Property, Plant & Equipment	4,259	2,669	2,637	2,680	2,721	2,672
Other Intangible Assets	53.19	36.3	18.97	25.41	24.14	18.95
Accrued Interest Receivable	-	920.91	346.31	165.99	85.98	70.59
Other Receivables	26.79	931.27	237.18	319.04	196.3	506.14
Restricted Cash	107.17	107.17	96.15	96.15	96.15	58.49
Other Current Assets	505.29	92.82	57.28	62.47	69.58	80.57
Long-Term Deferred Tax Assets	-	-	15	30	45	60
Other Long-Term Assets	34.12	7.08	7.51	8.19	9.58	11.51
Total Assets	37,927	25,150	20,655	16,774	16,218	13,343
Interest Bearing Deposits	5,901	2,765	2,130	1,374	1,420	1,045
Non-Interest Bearing Deposits	3,717	3,137	2,268	1,853	2,541	2,721
Total Deposits	9,618	5,902	4,398	3,227	3,961	3,766
Current Portion of Long-Term Debt	-	882.97	998.7	284.86	232.78	109.59
Current Income Taxes Payable	296.13	271.44	129.38	130.78	72.75	48.31
Accrued Interest Payable	128.21	62.33	16.76	4.8	3.72	-
Other Current Liabilities	0.9	4.84	4.75	4.75	4.69	4.69
Long-Term Debt	14,306	7,435	6,095	5,134	4,527	2,573
Long-Term Unearned Revenue	-	66.79	11.99	27.76	43.44	8.29
Pension & Post-Retirement Benefits	-	0.2	0.19	0.16	0.16	0.21
Long-Term Deferred Tax Liabilities	-	10.41	-	-	-	-
Other Long-Term Liabilities	1,668	1,304	1,136	803.67	598.5	395.71
Total Liabilities	26,017	15,939	12,791	9,618	9,445	6,905
Preferred Stock, Convertible	600	600	600	600	600	600
Common Stock	2,085	2,085	2,085	2,085	2,085	2,085
Additional Paid-In Capital	1,227	1,227	1,227	1,227	1,227	1,227
Retained Earnings	5,658	4,695	3,881	2,968	2,586	2,252
Comprehensive Income & Other	2,339	603.13	70.5	275.1	275.1	273.2
Total Common Equity	11,310	8,611	7,264	6,556	6,173	5,838
Shareholders' Equity	11,910	9,211	7,864	7,156	6,773	6,438
Total Liabilities & Equity	37,927	25,150	20,655	16,774	16,218	13,343
Total Debt	14,306	8,317	7,094	5,418	4,760	2,682
Net Cash (Debt)	-7,731	-4,834	-5,414	-4,729	-2,527	-1,069
Net Cash Per Share	-1.85	-1.16	-1.30	-1.13	-0.61	-0.26
Filing Date Shares Outstanding	4,170	4,170	4,170	4,170	4,170	4,170
Total Common Shares Outstanding	4,170	4,170	4,170	4,170	4,170	4,170
Book Value Per Share	2.71	2.06	1.74	1.57	1.48	1.40
Tangible Book Value	11,257	8,574	7,245	6,531	6,149	5,819
Tangible Book Value Per Share	2.70	2.06	1.74	1.57	1.47	1.40

Source: S&P Global Market Intelligence. Banks template. Financial Sources.