Faysal Bank Limited (PSX: FABL)

Faysal Bank Balance Sheet

Financials in millions PKR. 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	35,579	31,720	21,331	26,967	31,454	23,045
Investment Securities	571,716	516,367	439,714	344,761	272,320	172,354
Trading Asset Securities	15.88	550.24	618.91	14,360	7,974	32,190
Total Investments	571,732	516,918	440,333	359,121	280,294	204,545
Gross Loans	604,400	602,027	478,506	417,351	340,135	334,491
Allowance for Loan Losses	-27,007	-20,050	-19,329	-20,490	-21,565	-24,238
Other Adjustments to Gross Loans	-285.49	-29.22	-350.06	-76.4	-19.92	-105.7
Net Loans	577,107	581,947	458,827	396,784	318,550	310,147
Property, Plant & Equipment	44,669	40,397	35,196	26,416	24,102	24,242
Goodwill	-	-	238.48	238.48	238.48	238.48
Other Intangible Assets	2,472	2,452	2,103	1,860	1,656	1,602
Accrued Interest Receivable	49,811	44,225	26,643	10,671	7,293	9,682
Other Receivables	7,375	6,034	5,307	1,145	666.26	624.51
Restricted Cash	56,759	54,129	37,585	35,067	31,306	40,159
Other Current Assets	10,879	14,944	8,274	9,178	11,474	12,621
Long-Term Deferred Tax Assets	518.94	-	-	-	-	-
Other Real Estate Owned & Foreclosed	2,679	2,665	3,167	2,257	2,683	2,725
Other Long-Term Assets	59,819	75,854	36,001	264.01	347.98	230.33
Total Assets	1,419,400	1,371,285	1,075,006	869,968	710,064	629,861
Accrued Expenses	5,456	6,718	3,486	2,651	2,713	2,585
Interest Bearing Deposits	707,407	704,121	512,296	433,064	374,612	322,212
Non-Interest Bearing Deposits	366,454	314,144	269,260	210,976	166,021	135,573
Total Deposits	1,073,861	1,018,265	781,556	644,040	540,632	457,785
Short-Term Borrowings	28,373	35,116	40,331	55,840	32,529	45,891
Current Portion of Long-Term Debt	-	81,811	54,206	19,576	4,820	26,775
Current Portion of Leases	146.82	218.32	122.15	45.41	29.44	1.59
Current Income Taxes Payable	475.89	3,257	1,013	745.3	-	-
Accrued Interest Payable	14,317	13,243	6,741	2,570	3,799	3,757
Other Current Liabilities	36,206	48,504	43,912	28,012	28,350	20,027
Long-Term Debt	149,457	52,281	57,152	37,730	23,969	3,341
Long-Term Leases	13,244	12,647	11,693	9,672	8,496	8,308
Long-Term Unearned Revenue	1,559	1,493	982.43	857.08	1,428	1,291
Pension & Post-Retirement Benefits	-	-	-	-	-	118.97
Long-Term Deferred Tax Liabilities	-	4,940	744.09	611.51	1,582	2,817
Other Long-Term Liabilities	1,989	1,866	2,454	1,488	1,498	1,957
Total Liabilities	1,325,085	1,280,360	1,004,392	803,838	649,846	574,655
Common Stock	15,177	15,177	15,177	15,177	15,177	15,177
Additional Paid-In Capital	10.13	10.13	10.13	10.13	10.13	10.13
Retained Earnings	66,557	60,355	44,476	43,532	35,604	28,770
Comprehensive Income & Other	12,571	15,383	10,951	7,411	9,427	11,248
Total Common Equity	94,315	90,925	70,614	66,130	60,218	55,205
Minority Interest	0.29	0.26	0.06	0.04	0.02	0.01
Shareholders' Equity	94,315	90,925	70,614	66,130	60,218	55,205
Total Liabilities & Equity	1,419,400	1,371,285	1,075,006	869,968	710,064	629,861
Total Debt	191,220	182,073	163,504	122,863	69,843	84,317
Net Cash (Debt)	-155,625	-149,803	-135,739	-81,536	-27,431	-29,082
Net Cash Per Share	-102.54	-98.70	-89.44	-53.72	-18.07	-19.16
Filing Date Shares Outstanding	1,518	1,518	1,518	1,518	1,518	1,518
Total Common Shares Outstanding	1,518	1,518	1,518	1,518	1,518	1,518
Book Value Per Share	62.14	59.91	46.53	43.57	39.68	36.37
Tangible Book Value	91,842	88,473	68,272	64,032	58,324	53,365
Tangible Book Value Per Share	60.51	58.29	44.98	42.19	38.43	35.16

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