SBN Holdings Limited (NMSE: SNO)

SBN Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	5,559	5,163	3,654	478.71	417.53	470.32
Investment Securities	7,454	7,104	4,923	5,694	4,300	4,090
Trading Asset Securities	595.57	566.11	613.54	669.72	789.83	407.74
Total Investments	8,050	7,670	5,537	6,363	5,090	4,497
Gross Loans	23,331	23,215	23,621	26,844	25,321	26,750
Allowance for Loan Losses	-936.69	-842.41	-761.78	-995.44	-801.29	-599.1
Other Adjustments to Gross Loans	-	-	-	-466.69	-371.78	-515.69
Net Loans	22,395	22,372	22,859	25,382	24,148	25,635
Property, Plant & Equipment	884.98	904.88	951.76	1,027	1,084	1,122
Goodwill	-	13.14	39.02	39.02	39.02	39.02
Other Intangible Assets	425.07	444.77	478.71	508.84	461.75	464.75
Accrued Interest Receivable	-	18	17.96	14.24	13.26	-
Other Receivables	21.88	268.43	283.48	242.61	195.09	198.79
Restricted Cash	-	1,093	1,130	1,010	618.44	1,056
Other Current Assets	-	219.87	179.14	205.61	178.41	791.96
Long-Term Deferred Tax Assets	47.05	50.84	44.06	1.56	23.45	301.1
Other Real Estate Owned & Foreclosed	369.66	439.26	491.15	24.89	13.24	-
Other Long-Term Assets	655.65	11.4	10.07	20.64	556.78	635.69
Total Assets	38,407	38,670	35,675	35,319	32,838	35,212
Accrued Expenses	-	232.41	222.73	197.32	187.93	210.14
Interest Bearing Deposits	18,978	15,840	17,412	18,963	17,093	19,247
Non-Interest Bearing Deposits	10,190	14,369	9,941	9,293	9,027	8,620
Total Deposits	29,169	30,209	27,353	28,256	26,120	27,867
Short-Term Borrowings	76.83	69.05	140.76	70.58	362.12	142.51
Current Portion of Long-Term Debt	-	667	304.04	-	1,217	203.23
Current Portion of Leases	-	8.06	11.03	12.92	15.52	19.73
Other Current Liabilities	40.61	794.21	593.6	453.84	340.75	1,102
Long-Term Debt	2,034	1,564	2,224	1,961	403.72	1,388
Long-Term Leases	-	8.56	14.45	16.94	6.02	31.32
Long-Term Deferred Tax Liabilities	31.42	29.14	27.48	12.17	5.36	256.43
Other Long-Term Liabilities	1,763	-	-	-	-	-
Total Liabilities	33,115	33,582	30,892	30,981	28,658	31,220
Common Stock	1.05	1.05	1.05	1.05	1.05	1.05
Additional Paid-In Capital	642.19	642.19	642.19	642.19	642.19	642.19
Retained Earnings	-	4,385	4,078	3,638	3,480	3,273
Comprehensive Income & Other	4,630	40.88	46.02	42.68	42.89	61.32
Total Common Equity	5,273	5,069	4,767	4,323	4,167	3,978
Minority Interest	19.29	18.98	15.53	14.85	14.03	14.17
Shareholders' Equity	5,292	5,088	4,783	4,338	4,181	3,992
Total Liabilities & Equity	38,407	38,670	35,675	35,319	32,838	35,212
Total Debt	2,111	2,317	2,694	2,062	2,004	1,784
Net Cash (Debt)	4,044	3,413	1,573	-889.94	-796.61	-895.9
Net Cash Growth	179.31%	116.99%	-	-	-	-
Net Cash Per Share	7.75	6.53	3.01	-1.70	-1.52	-1.78
Filing Date Shares Outstanding	520.98	522.47	522.47	522.47	522.47	522.47
Total Common Shares Outstanding	520.98	522.47	522.47	522.47	522.47	522.47
Book Value Per Share	10.12	9.70	9.12	8.27	7.97	7.61
Tangible Book Value	4,848	4,611	4,250	3,776	3,666	3,474
Tangible Book Value Per Share	9.31	8.83	8.13	7.23	7.02	6.65

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