Masraf Al Rayan (Q.P.S.C.) (QSE: MARK)

QSE: MARK Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	4,424	6,028	6,230	9,141	10,713	6,555
Investment Securities	39,084	38,944	31,820	33,093	21,118	21,693
Trading Asset Securities	285.02	442.91	611.88	177.08	57.34	22.11
Total Investments	39,369	39,387	32,432	33,270	21,175	21,716
Gross Loans	123,783	120,835	130,602	128,572	90,782	81,202
Allowance for Loan Losses	-4,587	-3,852	-3,381	-1,827	-918.47	-619.79
Other Adjustments to Gross Loans	-10,882	-10,157	-10,485	-6,434	-4,290	-6,173
Net Loans	108,314	106,826	116,736	120,310	85,573	74,409
Property, Plant & Equipment	1,013	968.57	915.46	714.68	271.41	227.73
Goodwill	-	877.49	877.49	877.49	-	-
Other Intangible Assets	1,479	687.29	801.11	924.41	-	-
Accrued Interest Receivable	1,726	1,409	1,131	579.06	413.94	647
Other Receivables	546.12	372.56	875.9	940.76	-	-
Restricted Cash	5,263	4,255	4,282	4,295	2,665	2,603
Other Current Assets	-	26.58	24.09	26.94	40.1	239.51
Long-Term Deferred Tax Assets	-	20.15	26.57	35.65	31.52	-
Other Long-Term Assets	3,627	3,342	3,202	3,040	231.26	-
Total Assets	165,761	164,200	167,533	174,155	121,115	106,397
Accrued Expenses	-	362.05	367.48	314.46	245.5	232.38
Non-Interest Bearing Deposits	8,148	8,432	9,348	9,344	8,597	7,545
Total Deposits	8,148	8,432	9,348	9,344	8,597	7,545
Short-Term Borrowings	4,680	3,716	4,216	10,702	6,378	4,468
Current Portion of Long-Term Debt	11,104	32,349	28,419	15,163	21,499	14,816
Current Portion of Leases	-	9.78	11.02	20	-	-
Accrued Interest Payable	79.35	150.4	86.94	29.61	48.65	82.85
Other Current Liabilities	-	1,217	1,537	2,198	1,925	1,545
Long-Term Debt	11,254	5,441	7,739	10,909	7,262	5,336
Long-Term Leases	-	8.38	13.33	33.59	-	-
Long-Term Unearned Revenue	-	216.35	209.82	150.87	-	-
Pension & Post-Retirement Benefits	-	54.71	49.79	93.6	-	-
Other Long-Term Liabilities	105,253	87,436	91,254	100,531	60,426	58,086
Total Liabilities	140,518	139,393	143,251	149,488	106,523	92,265
Common Stock	9,300	9,300	9,300	9,300	7,500	7,500
Retained Earnings	14,695	14,339	13,900	14,218	6,844	6,405
Comprehensive Income & Other	980.53	930.53	884.24	948.8	21.59	13.9
Total Common Equity	24,976	24,569	24,084	24,467	14,365	13,919
Minority Interest	266.55	237.28	198.15	199.65	226.67	212.72
Shareholders' Equity	25,242	24,806	24,282	24,666	14,592	14,132
Total Liabilities & Equity	165,761	164,200	167,533	174,155	121,115	106,397
Total Debt	27,038	41,524	40,397	36,828	35,139	24,620
Net Cash (Debt)	-22,329	-35,053	-33,556	-27,510	-24,368	-18,043
Net Cash Per Share	-2.40	-3.77	-3.61	-3.59	-3.25	-2.41
Filing Date Shares Outstanding	9,300	9,300	9,300	9,300	7,500	7,500
Total Common Shares Outstanding	9,300	9,300	9,300	9,300	7,500	7,500
Book Value Per Share	2.69	2.64	2.59	2.63	1.92	1.86
Tangible Book Value	23,497	23,004	22,405	22,665	14,365	13,919
Tangible Book Value Per Share	2.53	2.47	2.41	2.44	1.92	1.86

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