Silkbank Limited (PSX: SILK)

Silkbank 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	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	14,055	14,055	10,198	4,021	5,773	4,261
Investment Securities	173,339	173,339	165,677	113,912	97,639	28,240
Trading Asset Securities	-	-	-	32,325	9,646	86.26
Total Investments	173,339	173,339	165,677	146,237	107,285	28,326
Gross Loans	50,186	50,186	72,265	99,709	109,517	116,085
Allowance for Loan Losses	-	-	-	-24,228	-14,694	-6,862
Other Adjustments to Gross Loans	-	-	-	-51.96	-67.06	-398.2
Net Loans	50,186	50,186	72,265	75,430	94,756	108,825
Property, Plant & Equipment	4,606	4,606	5,429	5,885	6,762	5,910
Other Intangible Assets	317.42	317.42	366.44	390.13	283.83	217.08
Accrued Interest Receivable	-	-	-	7,839	9,346	5,824
Other Receivables	1,839	1,839	586.79	1,277	428.85	645.67
Restricted Cash	-	-	-	8,751	8,566	8,746
Other Current Assets	-	-	-	2,586	13,541	5,343
Long-Term Deferred Tax Assets	30,498	30,498	22,662	15,138	8,795	4,864
Other Real Estate Owned & Foreclosed	-	-	-	2,351	10,360	9,439
Other Long-Term Assets	17,230	17,230	16,283	2,648	1,780	23,288
Total Assets	292,071	292,071	293,467	272,553	267,678	205,688
Accrued Expenses	-	-	-	1,153	687.82	512.19
Interest Bearing Deposits	154,262	154,262	145,299	105,335	127,360	120,700
Non-Interest Bearing Deposits	-	-	-	38,420	32,878	28,154
Total Deposits	154,262	154,262	145,299	143,755	160,238	148,854
Short-Term Borrowings	147,381	147,381	148,016	122,176	89,506	32,396
Current Portion of Long-Term Debt	-	-	-	0.6	0.4	0.6
Accrued Interest Payable	-	-	-	621.3	900.92	1,065
Other Current Liabilities	3,142	3,142	3,040	4,628	3,634	1,736
Long-Term Debt	2,439	2,439	2,439	2,438	2,439	2,125
Long-Term Leases	-	-	-	3,339	3,878	4,297
Long-Term Unearned Revenue	-	-	-	398.61	403.12	448.31
Pension & Post-Retirement Benefits	-	-	-	79.7	70.19	57.81
Other Long-Term Liabilities	11,199	11,199	8,644	1,125	1,051	3,425
Total Liabilities	318,423	318,423	307,438	279,714	262,808	194,916
Common Stock	23,431	23,431	23,431	90,819	90,819	90,819
Retained Earnings	-50,814	-50,814	-38,052	-31,669	-19,455	-12,916
Comprehensive Income & Other	1,031	1,031	650.24	-66,310	-66,494	-67,131
Total Common Equity	-26,352	-26,352	-13,971	-7,161	4,870	10,772
Shareholders' Equity	-26,352	-26,352	-13,971	-7,161	4,870	10,772
Total Liabilities & Equity	292,071	292,071	293,467	272,553	267,678	205,688
Total Debt	149,819	149,819	150,455	127,954	95,823	38,819
Net Cash (Debt)	-135,764	-135,764	-140,256	-89,697	-77,741	-20,721
Net Cash Per Share	-14.97	-14.97	-15.37	-9.88	-8.56	-2.28
Filing Date Shares Outstanding	9,068	9,068	8,988	9,082	9,082	9,082
Total Common Shares Outstanding	9,068	9,068	8,988	9,082	9,082	9,082
Book Value Per Share	-2.91	-2.91	-1.55	-0.79	0.54	1.19
Tangible Book Value	-26,669	-26,669	-14,337	-7,551	4,586	10,555
Tangible Book Value Per Share	-2.94	-2.94	-1.60	-0.83	0.50	1.16

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