Livingtrust Mortgage Bank PLC (NGX: LIVINGTRUST)

Livingtrust Mortgage Bank Balance Sheet

Financials in millions NGN. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	8,456	3,572	1,005	2,793	1,422
Investment Securities	98.82	98.82	96.92	96.8	106.72
Total Investments	98.82	98.82	96.92	96.8	106.72
Gross Loans	13,777	12,754	10,648	7,825	4,154
Allowance for Loan Losses	-163.65	-268.72	-137	-127.59	-136.53
Net Loans	13,614	12,485	10,511	7,698	4,017
Property, Plant & Equipment	316.02	374.59	378.37	286.56	260.43
Other Intangible Assets	102.73	52.08	49.53	22.24	32.15
Accrued Interest Receivable	423.2	305.72	168.14	109.81	60.74
Other Receivables	298.55	27.3	37.7	25.13	69.95
Restricted Cash	181.72	107.34	107.34	89.54	38.18
Other Current Assets	894.72	402.63	353.5	227.71	286.49
Long-Term Deferred Tax Assets	39.47	39.47	-	-	1.83
Other Long-Term Assets	-6.78	331.59	205.98	-6.22	2.29
Total Assets	24,419	17,796	12,914	11,342	6,298
Accounts Payable	1.14	499.55	369.8	236.41	-
Accrued Expenses	-	52.56	49.14	56.86	3.1
Interest Bearing Deposits	10,710	5,607	2,949	1,745	639.44
Non-Interest Bearing Deposits	4,329	3,537	2,543	3,551	1,980
Total Deposits	15,039	9,144	5,492	5,296	2,619
Current Income Taxes Payable	25.86	118.96	170.15	197.64	25.09
Accrued Interest Payable	155.99	-	-	-	-
Other Current Liabilities	-	14.16	14.16	6.77	226.79
Long-Term Debt	2,860	3,086	2,841	2,222	646.12
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	-	-	69.69	61.79	-
Other Long-Term Liabilities	2,082	625.34	160.52	39.24	-0
Total Liabilities	20,164	13,542	9,168	8,118	3,521
Common Stock	2,500	2,500	2,500	2,500	2,500
Retained Earnings	1,770	1,770	1,263	741.39	284.43
Comprehensive Income & Other	-15.21	-15.21	-17.11	-17.23	-7.32
Shareholders' Equity	4,254	4,254	3,746	3,224	2,777
Total Liabilities & Equity	24,419	17,796	12,914	11,342	6,298
Total Debt	2,860	3,086	2,841	2,222	646.12
Net Cash (Debt)	5,596	485.68	-1,836	570.54	775.46
Net Cash Growth	1052.27%	-	-	-26.43%	-3.52%
Net Cash Per Share	1.12	0.10	-0.37	0.11	0.16
Filing Date Shares Outstanding	5,000	5,000	5,000	5,000	5,000
Total Common Shares Outstanding	5,000	5,000	5,000	5,000	5,000
Book Value Per Share	0.85	0.85	0.75	0.64	0.56
Tangible Book Value	4,152	4,202	3,696	3,202	2,745
Tangible Book Value Per Share	0.83	0.84	0.74	0.64	0.55

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