Livingtrust Mortgage Bank PLC (NGX: LIVINGTRUST)

Livingtrust 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	4,723	3,572	1,005	2,793	1,422	1,355
Investment Securities	98.82	98.82	96.92	96.8	106.72	710.79
Total Investments	98.82	98.82	96.92	96.8	106.72	710.79
Gross Loans	13,313	12,754	10,648	7,825	4,154	1,858
Allowance for Loan Losses	-163.48	-268.72	-137	-127.59	-136.53	-96.91
Net Loans	13,150	12,485	10,511	7,698	4,017	1,761
Property, Plant & Equipment	325.41	374.59	378.37	286.56	260.43	226.89
Other Intangible Assets	84.2	52.08	49.53	22.24	32.15	25.92
Accrued Interest Receivable	295.39	305.72	168.14	109.81	60.74	40.43
Other Receivables	32.33	27.3	37.7	25.13	69.95	145.2
Restricted Cash	181.72	107.34	107.34	89.54	38.18	25.37
Other Current Assets	810.01	402.63	353.5	227.71	286.49	295.88
Long-Term Deferred Tax Assets	-	39.47	-	-	1.83	5.57
Other Long-Term Assets	524.48	331.59	205.98	-6.22	2.29	3.42
Total Assets	20,225	17,796	12,914	11,342	6,298	4,595
Accounts Payable	2.12	499.55	369.8	236.41	-	-
Accrued Expenses	-	52.56	49.14	56.86	3.1	3.01
Interest Bearing Deposits	7,943	5,607	2,949	1,745	639.44	236.98
Non-Interest Bearing Deposits	2,978	3,537	2,543	3,551	1,980	972.15
Total Deposits	10,921	9,144	5,492	5,296	2,619	1,209
Current Income Taxes Payable	25.86	118.96	170.15	197.64	25.09	12.89
Other Current Liabilities	751.66	14.16	14.16	6.77	226.79	114.79
Long-Term Debt	2,916	3,086	2,841	2,222	646.12	550.95
Long-Term Unearned Revenue	-	0.25	0.25	0.25	-	-
Pension & Post-Retirement Benefits	-	1.32	0.98	0.27	-	-
Long-Term Deferred Tax Liabilities	69.68	-	69.69	61.79	-	-
Other Long-Term Liabilities	1,153	625.34	160.52	39.24	-0	-
Total Liabilities	15,971	13,542	9,168	8,118	3,521	1,946
Common Stock	2,500	2,500	2,500	2,500	2,500	2,500
Retained Earnings	1,770	1,770	1,263	741.39	284.43	152.07
Comprehensive Income & Other	-15.21	-15.21	-17.11	-17.23	-7.32	-3.2
Shareholders' Equity	4,254	4,254	3,746	3,224	2,777	2,649
Total Liabilities & Equity	20,225	17,796	12,914	11,342	6,298	4,595
Total Debt	2,916	3,086	2,841	2,222	646.12	550.95
Net Cash (Debt)	1,807	485.68	-1,836	570.54	775.46	803.71
Net Cash Growth	1534.33%	-	-	-26.43%	-3.52%	34.58%
Net Cash Per Share	0.36	0.10	-0.37	0.11	0.16	0.16
Filing Date Shares Outstanding	5,000	5,000	5,000	5,000	5,000	5,000
Total Common Shares Outstanding	5,000	5,000	5,000	5,000	5,000	5,000
Book Value Per Share	0.85	0.85	0.75	0.64	0.56	0.53
Tangible Book Value	4,170	4,202	3,696	3,202	2,745	2,623
Tangible Book Value Per Share	0.83	0.84	0.74	0.64	0.55	0.52

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