Palestine Investment Bank P.L.C. (PEX: PIBC)

PIBC Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	223	252.87	265.99	324.58	244.79	166.57
Investment Securities	11.03	11.98	17	17.32	13.97	18.28
Trading Asset Securities	5.48	3.86	5.12	8.47	17.56	24.96
Total Investments	16.51	15.85	22.12	25.79	31.54	43.24
Gross Loans	461.55	458.93	394.52	326.43	301.28	230.41
Allowance for Loan Losses	-16.39	-14.64	-9.32	-7.76	-5.21	-3.68
Other Adjustments to Gross Loans	-4.11	-3.74	-2.83	-1.96	-1.16	-0.7
Net Loans	441.05	440.55	382.37	316.71	294.91	226.03
Property, Plant & Equipment	27.24	27.53	26.53	26.7	27.56	28.76
Other Intangible Assets	1.88	1.96	1.67	1.24	1.38	1.23
Accrued Interest Receivable	3.2	2.16	1.75	1.66	1.46	1.18
Other Receivables	3.39	4.95	2.08	0.96	4.78	8.21
Restricted Cash	41.59	41.31	39.95	37.12	30.62	23.6
Other Current Assets	3.07	2.43	1.9	1.86	2.71	1.66
Long-Term Deferred Tax Assets	2.52	2.13	1.45	1.34	0.91	0.99
Other Long-Term Assets	1.02	0.52	0.49	0.54	0.52	0.16
Total Assets	764.47	792.25	746.3	738.5	641.18	501.63
Accounts Payable	5.46	4.75	5.43	3.51	2.82	2.94
Accrued Expenses	0.97	0.51	0.46	0.25	0.29	0.3
Interest Bearing Deposits	357.27	365.91	347.99	351.94	305.96	212.87
Non-Interest Bearing Deposits	242.83	261.29	241.53	228.19	191.83	148.96
Total Deposits	600.1	627.2	589.53	580.12	497.79	361.83
Short-Term Borrowings	-	-	0.18	1.37	0.7	0.03
Current Portion of Long-Term Debt	-	-	-	1	1	-
Current Portion of Leases	-	0.21	0.34	0.33	0.33	0.37
Current Income Taxes Payable	3.82	4.22	2.55	1.47	1.11	1.71
Accrued Interest Payable	1.45	2.23	1.48	1.24	1.05	0.86
Other Current Liabilities	1.64	29.62	25.12	35.16	26.45	21.36
Long-Term Debt	0.21	0.24	0.85	1.41	0.75	1
Long-Term Leases	0.52	0.37	0.61	1.04	1.43	1.37
Long-Term Unearned Revenue	0.79	0.95	1.19	1.2	1.23	1.23
Pension & Post-Retirement Benefits	4.51	4.39	3.93	3.61	3.46	3.42
Long-Term Deferred Tax Liabilities	1.01	1.01	1.01	0.57	0.57	0.57
Other Long-Term Liabilities	38.1	11.97	10.24	3.6	3.35	6.34
Total Liabilities	658.6	687.66	642.93	635.88	542.33	403.33
Common Stock	78	78	78	78	78	78
Retained Earnings	24.99	23.76	22.63	21.44	17.67	17.12
Comprehensive Income & Other	2.88	2.82	2.74	3.19	3.18	3.18
Shareholders' Equity	105.87	104.59	103.37	102.63	98.85	98.3
Total Liabilities & Equity	764.47	792.25	746.3	738.5	641.18	501.63
Total Debt	0.74	0.82	1.99	5.15	4.21	2.77
Net Cash (Debt)	227.74	255.92	269.12	327.9	258.15	188.76
Net Cash Growth	-12.85%	-4.90%	-17.93%	27.02%	36.76%	20.68%
Net Cash Per Share	2.85	3.20	3.36	4.10	3.23	2.36
Filing Date Shares Outstanding	80	80	80	80	80	80
Total Common Shares Outstanding	80	80	80	80	80	80
Book Value Per Share	1.32	1.31	1.29	1.28	1.24	1.23
Tangible Book Value	103.99	102.63	101.69	101.38	97.47	97.07
Tangible Book Value Per Share	1.30	1.28	1.27	1.27	1.22	1.21

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