SpareBank 1 Sør-Norge ASA (OSL: SB1NO)

SpareBank 1 Sør-Norge ASA Balance Sheet

Financials in millions NOK. 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	3,357	2,012	1,356	523	2,096	727
Investment Securities	66,401	63,794	59,126	61,160	44,444	36,972
Trading Asset Securities	11,881	16,859	19,460	6,054	9,580	6,853
Total Investments	78,282	80,653	78,586	67,214	54,024	43,825
Gross Loans	289,320	276,671	264,207	235,635	230,522	210,325
Allowance for Loan Losses	-1,295	-1,244	-1,685	-1,721	-2,215	-1,426
Other Adjustments to Gross Loans	-	-1,129	-654	-472	-836	-744
Net Loans	288,025	274,298	261,868	233,442	227,471	208,155
Property, Plant & Equipment	1,308	1,314	1,237	1,313	1,340	1,485
Goodwill	-	345	423	423	264	254
Other Intangible Assets	405	20	24	30	10	10
Accrued Interest Receivable	-	9	11	2	15	24
Restricted Cash	-	71	63	57	56	52
Other Current Assets	-	33	31	38	17	50
Long-Term Deferred Tax Assets	2,618	2,612	1,075	598	1,015	420
Other Long-Term Assets	912	816	1,049	758	717	884
Total Assets	380,039	362,186	345,730	304,403	287,049	255,895
Accounts Payable	-	93	92	66	109	134
Accrued Expenses	-	572	452	513	223	444
Interest Bearing Deposits	146,478	33,270	22,742	18,574	16,335	17,842
Non-Interest Bearing Deposits	-	115,806	125,358	119,090	101,835	85,264
Total Deposits	146,478	149,076	148,100	137,664	118,170	103,106
Short-Term Borrowings	8,894	14,360	15,978	3,280	7,039	5,893
Current Portion of Long-Term Debt	509	21,975	3,221	2,557	3,930	901
Current Portion of Leases	-	66	62	58	-	-
Current Income Taxes Payable	862	2,706	1,345	232	835	1,228
Other Current Liabilities	-	149	65	57	60	143
Long-Term Debt	185,632	138,704	146,815	131,871	129,317	118,289
Long-Term Leases	379	324	274	301	365	395
Pension & Post-Retirement Benefits	262	261	251	277	204	187
Other Long-Term Liabilities	909	339	388	348	404	341
Total Liabilities	343,925	328,625	317,043	277,224	260,656	231,061
Common Stock	6,607	6,607	6,394	6,394	6,394	6,394
Additional Paid-In Capital	2,354	2,354	1,587	1,587	1,587	1,587
Retained Earnings	-	1,982	1,790	1,535	1,407	1,407
Comprehensive Income & Other	27,153	22,618	18,916	17,663	17,000	15,446
Total Common Equity	36,114	33,561	28,687	27,179	26,388	24,834
Minority Interest	-	-	-	-	5	-
Shareholders' Equity	36,114	33,561	28,687	27,179	26,393	24,834
Total Liabilities & Equity	380,039	362,186	345,730	304,403	287,049	255,895
Total Debt	195,414	175,429	166,350	138,067	140,651	125,478
Net Cash (Debt)	-180,176	-156,558	-145,534	-131,490	-128,975	-117,898
Net Cash Per Share	-665.96	-592.53	-569.11	-514.22	-503.71	-467.16
Filing Date Shares Outstanding	264.22	264.22	255.72	255.71	255.73	255.66
Total Common Shares Outstanding	264.22	264.22	255.72	255.71	255.73	255.66
Book Value Per Share	120.90	115.08	105.53	99.05	95.95	89.90
Tangible Book Value	35,709	33,196	28,240	26,726	26,114	24,570
Tangible Book Value Per Share	119.37	113.70	103.78	97.28	94.88	88.87

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