Sparebank 68° Nord (OSL:SB68)

Sparebank 68° Nord Balance Sheet

Financials in millions NOK. 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	751.24	794.3	524.8	574.59	798.97
Investment Securities	104.73	127.24	140.45	256.21	372.1
Trading Asset Securities	852.01	785.32	751.74	684.5	592.7
Total Investments	956.74	912.56	892.19	940.71	964.79
Gross Loans	10,437	10,061	9,645	8,739	8,024
Allowance for Loan Losses	-83.7	-74.93	-52.57	-39.52	-76.34
Net Loans	10,354	9,986	9,592	8,699	7,948
Property, Plant & Equipment	48.79	34.43	49.82	55.82	18.18
Other Current Assets	-	-	-	0.37	-0.01
Long-Term Deferred Tax Assets	2.39	6.59	7.87	7.34	8.36
Other Real Estate Owned & Foreclosed	0.43	0.43	1.08	1.08	1.08
Other Long-Term Assets	4.72	4.46	8.07	0.37	4.82
Total Assets	12,118	11,739	11,076	10,280	9,744
Accounts Payable	4.7	3.76	-	8.9	10.43
Accrued Expenses	14.79	13.23	-	3.34	6.1
Interest Bearing Deposits	7,947	7,686	7,327	6,770	6,373
Total Deposits	7,947	7,686	7,327	6,770	6,373
Short-Term Borrowings	0.46	0.37	0.56	2	3.91
Current Portion of Long-Term Debt	585.16	577.41	526.49	321.49	292.59
Current Income Taxes Payable	40.84	39.79	32.39	29.98	17.22
Other Current Liabilities	0.35	0.35	-	9.04	0.58
Long-Term Debt	1,925	1,925	1,759	1,792	1,834
Long-Term Leases	31.21	15.08	29.77	33.61	-
Pension & Post-Retirement Benefits	0.14	0.25	-	0.47	0.78
Long-Term Deferred Tax Liabilities	-	-	-	-	4.72
Other Long-Term Liabilities	14.98	11.04	31.77	25.83	12.88
Total Liabilities	10,565	10,272	9,706	8,996	8,556
Common Stock	299.27	299.27	299.27	299.27	299.27
Additional Paid-In Capital	58.82	58.82	58.82	58.82	58.49
Retained Earnings	1,179	1,083	990.57	814.25	730.49
Treasury Stock	-	-	-	-1.54	-2.38
Comprehensive Income & Other	16.33	25.84	20.71	112.27	101.32
Shareholders' Equity	1,553	1,467	1,369	1,283	1,187
Total Liabilities & Equity	12,118	11,739	11,076	10,280	9,744
Total Debt	2,542	2,518	2,316	2,149	2,131
Net Cash (Debt)	-938.71	-937.94	-1,039	-889.82	-738.9
Net Cash Per Share	-313.64	-313.38	-347.21	-297.40	-246.96
Filing Date Shares Outstanding	2.97	2.97	2.97	2.97	2.97
Total Common Shares Outstanding	2.97	2.97	2.97	2.97	2.97
Book Value Per Share	522.37	490.16	457.72	428.06	396.50
Tangible Book Value	1,553	1,467	1,369	1,283	1,187
Tangible Book Value Per Share	522.37	490.16	457.72	428.06	396.50

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