Hong Leong Finance Limited (SGX: S41)

Hong Leong Finance Balance Sheet

Financials in millions SGD. 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	745.83	1,157	584.67	528.21	613.78	947.43
Investment Securities	1,825	1,710	1,625	1,358	1,405	1,532
Total Investments	1,825	1,710	1,625	1,358	1,405	1,532
Gross Loans	11,556	11,798	11,773	10,804	11,074	11,694
Allowance for Loan Losses	-18.11	-20.1	-24.79	-27.07	-26.77	-19.32
Other Adjustments to Gross Loans	-	-118.25	-97.65	-81.79	-99.29	-120.27
Net Loans	11,538	11,659	11,651	10,695	10,948	11,554
Property, Plant & Equipment	59.14	61	49.93	55.33	61.25	66.73
Accrued Interest Receivable	-	10.03	11.81	8.6	5.94	10.36
Other Receivables	21.29	14.21	8.97	5.22	9.93	8.39
Restricted Cash	343.99	342.36	339.44	298.6	317.62	338.39
Other Current Assets	-	3.86	4.37	3.14	3.2	3.41
Total Assets	14,533	14,958	14,276	12,952	13,365	14,461
Accounts Payable	276.27	36.43	36.54	37.57	79.81	31.66
Interest Bearing Deposits	12,153	12,635	12,004	10,784	11,178	12,293
Non-Interest Bearing Deposits	-	13.06	25.87	22.71	16.26	14.22
Total Deposits	12,153	12,648	12,030	10,807	11,194	12,307
Current Portion of Long-Term Debt	8.97	16.39	10.31	44.03	1.3	2.43
Current Portion of Leases	-	5.8	6.69	6.53	6.43	6
Current Income Taxes Payable	18.44	17.58	26.15	17.17	19.48	21.83
Accrued Interest Payable	-	132.52	71.5	34.74	63.83	132.55
Other Current Liabilities	-	2.08	1.7	1.73	1.72	1.65
Long-Term Debt	1.1	1.53	26.2	9.69	43.68	2.74
Long-Term Leases	-	35.05	24.54	30.16	35.15	38.84
Long-Term Deferred Tax Liabilities	2.88	2.01	1	0.97	0.9	1.79
Other Long-Term Liabilities	-	-	-	0.26	0.3	-
Total Liabilities	12,461	12,897	12,235	10,990	11,447	12,547
Common Stock	891.63	891.58	890.55	889.77	889.12	889.05
Retained Earnings	1,177	1,164	1,146	1,068	1,024	1,020
Comprehensive Income & Other	4.46	4.4	4.51	4.78	4.7	5.59
Shareholders' Equity	2,073	2,060	2,041	1,963	1,918	1,914
Total Liabilities & Equity	14,533	14,958	14,276	12,952	13,365	14,461
Total Debt	10.07	58.77	67.74	90.41	86.56	50.01
Net Cash (Debt)	735.76	1,098	516.93	437.8	527.22	897.42
Net Cash Growth	2.74%	112.41%	18.08%	-16.96%	-41.25%	-37.51%
Net Cash Per Share	1.64	2.45	1.15	0.98	1.18	2.01
Filing Date Shares Outstanding	448.56	448.56	448.14	447.85	447.56	447.54
Total Common Shares Outstanding	448.56	448.54	448.13	447.82	447.55	447.53
Book Value Per Share	4.62	4.59	4.55	4.38	4.29	4.28
Tangible Book Value	2,073	2,060	2,041	1,963	1,918	1,914
Tangible Book Value Per Share	4.62	4.59	4.55	4.38	4.29	4.28

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