Asia United Bank Corporation (PSE: AUB)

Asia United Bank Balance Sheet

Financials in millions PHP. 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	6,824	15,014	12,416	15,458	23,341	11,252
Investment Securities	111,789	101,063	95,260	60,972	58,147	34,455
Trading Asset Securities	7,364	8,358	3,666	7,733	3,470	885
Total Investments	119,153	109,420	98,926	68,705	61,617	35,340
Gross Loans	192,809	190,619	191,649	170,671	169,539	170,035
Allowance for Loan Losses	-4,270	-4,196	-4,361	-3,982	-5,930	-1,944
Other Adjustments to Gross Loans	-	-135.22	-143.01	-120.98	-176.72	-161.69
Net Loans	188,538	186,287	187,144	166,568	163,432	167,929
Property, Plant & Equipment	2,004	1,980	1,454	1,611	1,913	2,104
Goodwill	1,950	1,950	1,950	1,950	1,961	1,961
Other Intangible Assets	1,922	1,945	1,974	2,021	2,026	2,004
Accrued Interest Receivable	-	1,836	1,584	960.92	1,269	1,315
Other Receivables	-	678.37	665.93	757.73	554.45	629.87
Restricted Cash	26,700	28,432	26,533	52,919	54,778	39,090
Other Current Assets	-	6,106	5,924	5,804	3,806	2,915
Long-Term Deferred Tax Assets	518.82	515.06	524.35	433.6	314.9	71.3
Other Real Estate Owned & Foreclosed	922.88	893.91	581.17	529.32	464.93	439.57
Other Long-Term Assets	457.04	131.73	449.84	130.16	81.38	943.19
Total Assets	348,991	355,190	340,127	317,848	315,560	265,994
Accounts Payable	-	5,787	4,204	2,952	2,812	2,212
Accrued Expenses	1,835	1,515	1,305	1,247	1,091	947.72
Interest Bearing Deposits	281,142	291,991	288,786	263,572	257,336	210,226
Total Deposits	281,142	291,991	288,786	263,572	257,336	210,226
Short-Term Borrowings	-	1.29	17.1	47.69	0.23	4.44
Current Portion of Long-Term Debt	-	1,162	380	7,004	5,364	370.85
Current Portion of Leases	-	372.97	345.97	378.23	379.89	348.27
Current Income Taxes Payable	326.41	225.2	215.84	173.95	174.69	21.17
Accrued Interest Payable	-	613.01	243.46	103.72	163.88	310.24
Other Current Liabilities	1,308	2,231	1,936	1,801	2,208	1,372
Long-Term Debt	2,118	1,077	1,788	1,446	9,239	14,744
Long-Term Leases	1,216	806.09	533.92	620.52	781.78	820.26
Long-Term Unearned Revenue	-	-	-	-	163.07	506.79
Pension & Post-Retirement Benefits	-	65.81	12.72	16.31	214.04	456.11
Other Long-Term Liabilities	9,491	472.44	464.02	465.06	399.14	494.88
Total Liabilities	297,436	306,320	300,233	279,827	280,327	232,835
Common Stock	7,280	7,280	4,853	4,853	4,853	4,853
Additional Paid-In Capital	6,623	6,623	6,623	6,623	6,623	6,623
Retained Earnings	40,033	36,508	32,097	26,771	23,539	21,309
Comprehensive Income & Other	-2,572	-1,723	-3,853	-389.23	69.7	230.49
Total Common Equity	51,364	48,688	39,720	37,858	35,085	33,015
Minority Interest	190.54	182.43	174.3	162.55	148.5	143.81
Shareholders' Equity	51,555	48,870	39,894	38,020	35,233	33,159
Total Liabilities & Equity	348,991	355,190	340,127	317,848	315,560	265,994
Total Debt	3,334	3,419	3,065	9,496	15,765	16,288
Net Cash (Debt)	10,855	19,952	13,016	13,695	11,047	-4,151
Net Cash Growth	-23.20%	53.29%	-4.96%	23.97%	-	-
Net Cash Per Share	14.91	27.41	17.88	18.81	15.17	-5.70
Filing Date Shares Outstanding	727.97	727.97	727.97	727.97	727.97	727.97
Total Common Shares Outstanding	727.97	727.97	727.97	727.97	727.97	727.97
Book Value Per Share	70.56	66.88	54.56	52.00	48.20	45.35
Tangible Book Value	47,493	44,793	35,796	33,887	31,097	29,050
Tangible Book Value Per Share	65.24	61.53	49.17	46.55	42.72	39.91

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