SpareBank 1 Sørøst-Norge (OSL: SOON)

SpareBank 1 Sørøst-Norge 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,760	1,793	2,607	1,812	870	1,166
Investment Securities	13,526	13,642	12,499	3,344	713	1,814
Trading Asset Securities	178	180	192	6,244	5,930	4,369
Total Investments	13,704	13,822	12,691	9,588	6,643	6,183
Gross Loans	78,410	73,623	73,525	63,226	32,892	31,410
Allowance for Loan Losses	-249	-237	-306	-229	-143	-144.63
Net Loans	78,161	73,386	73,219	62,997	32,749	31,265
Property, Plant & Equipment	271	275	326	277	102	121.54
Goodwill	465	465	458	34	25	24.65
Accrued Interest Receivable	-	10	18	11	14	15.54
Other Receivables	-	126	114	87	20	14.35
Other Current Assets	204	40	33	41	17	16.88
Long-Term Deferred Tax Assets	60	60	39	23	12	10.83
Other Long-Term Assets	48	26	42	41	3	4.88
Total Assets	94,673	90,003	89,547	74,911	40,455	38,822
Accounts Payable	-	66	55	50	24	26.31
Accrued Expenses	118	136	156	151	66	65.6
Interest Bearing Deposits	57,712	12,783	10,771	5,719	3,585	24,443
Non-Interest Bearing Deposits	-	42,401	44,445	40,493	22,279	-
Total Deposits	57,712	55,184	55,216	46,212	25,864	24,443
Short-Term Borrowings	3,046	250	286	214	261	37.45
Current Portion of Long-Term Debt	751	1,803	1,897	1,772	1,063	986.06
Current Income Taxes Payable	206	435	319	177	121	124.67
Other Current Liabilities	-	-	-	-	-	0.09
Long-Term Debt	19,484	18,714	18,422	15,792	7,247	7,738
Long-Term Leases	58	67	81	78	74	90.18
Pension & Post-Retirement Benefits	116	109	104	140	75	62.24
Other Long-Term Liabilities	301	188	237	224	122	55.65
Total Liabilities	81,792	76,952	76,773	64,810	34,917	33,629
Common Stock	2,101	2,100	2,101	1,778	947	946.5
Additional Paid-In Capital	3,781	3,779	3,779	2,777	1,026	1,033
Retained Earnings	4,537	4,889	4,716	3,727	2,381	2,072
Comprehensive Income & Other	2,455	2,277	2,171	1,809	1,182	1,140
Total Common Equity	12,874	13,045	12,767	10,091	5,536	5,192
Minority Interest	7	6	7	10	2	1.18
Shareholders' Equity	12,881	13,051	12,774	10,101	5,538	5,193
Total Liabilities & Equity	94,673	90,003	89,547	74,911	40,455	38,822
Total Debt	23,339	20,834	20,686	17,856	8,645	8,851
Net Cash (Debt)	-21,401	-18,861	-17,887	-9,800	-1,845	-3,317
Net Cash Per Share	-152.76	-134.75	-132.85	-102.71	-29.29	-52.57
Filing Date Shares Outstanding	140.09	139.97	140.06	118.5	63.1	63.1
Total Common Shares Outstanding	140.09	139.97	140.06	118.5	63.1	63.1
Book Value Per Share	89.40	90.70	88.66	82.20	83.77	78.32
Tangible Book Value	12,409	12,580	12,309	10,057	5,511	5,167
Tangible Book Value Per Share	86.08	87.38	85.39	81.91	83.37	77.93

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