Union Bank of Taiwan (TPE: 2838)

Union Bank of Taiwan Balance Sheet

Financials in millions TWD. 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	8,541	11,527	12,599	13,768	8,961	12,860
Investment Securities	237,974	205,071	187,829	198,965	212,529	200,530
Trading Asset Securities	53,251	52,794	28,985	46,585	34,825	30,856
Total Investments	291,225	257,865	216,815	245,550	247,355	231,386
Gross Loans	-	596,693	554,939	498,948	428,104	389,392
Allowance for Loan Losses	-	-6,874	-6,224	-5,396	-4,778	-4,299
Net Loans	-	589,820	548,715	493,552	423,325	385,093
Property, Plant & Equipment	17,886	17,817	17,179	17,882	15,446	14,750
Goodwill	1,985	1,985	1,985	1,985	1,985	1,985
Other Intangible Assets	192.15	176.11	199.1	193.02	181.03	152.15
Investments in Real Estate	4,683	4,669	4,803	4,912	5,288	5,370
Accrued Interest Receivable	-	1,786	1,499	999.31	914.91	1,051
Other Receivables	46,755	5,042	2,673	21,274	21,546	17,651
Restricted Cash	-	31,774	24,624	29,553	24,326	16,868
Other Current Assets	-	5,808	5,022	6,396	5,562	5,358
Long-Term Deferred Tax Assets	443.14	943.97	732.97	925.83	792.48	698.92
Other Long-Term Assets	10,453	9,934	8,154	4,598	1,874	1,939
Total Assets	981,039	939,147	845,000	841,589	757,558	695,161
Accrued Expenses	-	1,344	1,137	1,229	979.98	980.88
Interest Bearing Deposits	797,926	606,461	561,553	511,236	483,223	440,037
Non-Interest Bearing Deposits	-	153,241	150,812	164,876	129,171	98,412
Total Deposits	797,926	759,702	712,366	676,112	612,394	538,450
Short-Term Borrowings	65,004	83,504	46,868	66,647	58,693	77,031
Current Portion of Long-Term Debt	-	1,403	1,906	4,093	394.67	3,609
Current Portion of Leases	-	482	444.38	470.63	419.18	-
Current Income Taxes Payable	623.29	435.68	823.11	560.7	225.33	478.47
Accrued Interest Payable	-	1,502	819.07	476.42	574.26	895.54
Other Current Liabilities	-	3,783	3,635	4,368	1,749	1,428
Long-Term Debt	7,816	6,302	5,375	12,174	12,823	8,210
Long-Term Leases	1,858	1,330	1,218	1,423	1,304	1,415
Pension & Post-Retirement Benefits	-	7.67	13.26	11.13	12.76	8.57
Long-Term Deferred Tax Liabilities	2,082	2,284	1,819	1,675	1,697	1,617
Other Long-Term Liabilities	28,314	6,424	5,459	6,484	6,100	4,787
Total Liabilities	903,624	868,505	781,883	775,724	697,366	638,911
Preferred Stock, Non-Redeemable	2,000	2,000	2,000	2,000	2,000	2,000
Total Preferred Equity	2,000	2,000	2,000	2,000	2,000	2,000
Common Stock	40,501	37,790	35,940	32,952	30,934	28,845
Additional Paid-In Capital	-	8,126	8,077	8,052	8,040	8,035
Retained Earnings	18,703	17,899	15,691	16,485	13,366	12,683
Comprehensive Income & Other	13,991	2,620	-637.58	5,646	5,851	4,685
Total Common Equity	73,195	66,434	59,070	63,135	58,191	54,248
Minority Interest	2,221	2,209	2,047	729.76	1.58	1.58
Shareholders' Equity	77,415	70,642	63,117	65,865	60,192	56,250
Total Liabilities & Equity	981,039	939,147	845,000	841,589	757,558	695,161
Total Debt	74,679	93,022	55,812	84,808	73,634	90,266
Net Cash (Debt)	81,967	77,220	72,532	81,436	37,043	49,941
Net Cash Growth	33.34%	6.46%	-10.93%	119.84%	-25.83%	-51.46%
Net Cash Per Share	18.28	19.06	17.94	20.17	9.19	12.42
Filing Date Shares Outstanding	4,014	4,043	4,038	4,030	4,022	4,013
Total Common Shares Outstanding	4,014	4,043	4,038	4,030	4,022	4,013
Book Value Per Share	18.24	16.43	14.63	15.67	14.47	13.52
Tangible Book Value	71,017	64,273	56,886	60,957	56,024	52,111
Tangible Book Value Per Share	17.69	15.90	14.09	15.13	13.93	12.99

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