Jordan Kuwait Bank (ASE:JOKB)

Jordan Kuwait Bank Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,276	1,287	511.3	386.04	424.17
Investment Securities	1,559	1,239	712.97	579.55	497.98
Trading Asset Securities	6.94	24.76	20.96	4.13	-
Total Investments	1,566	1,264	733.93	583.68	497.98
Gross Loans	2,259	2,237	2,105	1,843	1,696
Allowance for Loan Losses	-214.86	-195.41	-152.37	-126.25	-115.1
Other Adjustments to Gross Loans	-42.66	-34.5	-30.08	-29.53	-24.59
Net Loans	2,002	2,007	1,923	1,687	1,557
Property, Plant & Equipment	83.3	81.61	40.93	43.58	40.21
Other Intangible Assets	12.47	11.91	7.24	5.66	1.96
Accrued Interest Receivable	51.94	50.18	36	30.7	25.01
Other Receivables	6.69	3.63	4.4	7.58	4.22
Restricted Cash	413.02	325.77	92.85	73.3	74.45
Other Current Assets	6.48	30.43	3.06	2.03	7.51
Long-Term Deferred Tax Assets	62.65	58.72	56.3	43.49	36.72
Other Real Estate Owned & Foreclosed	114.36	103.29	125.33	131.97	133.54
Other Long-Term Assets	35.45	21.46	12.96	9.82	7.6
Total Assets	5,630	5,244	3,547	3,005	2,810
Accounts Payable	1.61	-	4.12	2.36	0.74
Accrued Expenses	27.26	16.72	1.61	1.5	1.4
Interest Bearing Deposits	2,186	2,104	1,815	1,426	1,443
Non-Interest Bearing Deposits	1,832	1,673	720.14	682.66	622.7
Total Deposits	4,019	3,777	2,535	2,109	2,065
Short-Term Borrowings	58.77	63.3	61.56	23.53	-
Current Portion of Long-Term Debt	67.21	20.47	11	13.27	14.32
Current Portion of Leases	0.98	1.02	-	2.7	3.18
Current Income Taxes Payable	38.79	32.64	18.78	9.75	2.18
Accrued Interest Payable	26.53	-	16.52	10.07	10.4
Other Current Liabilities	184.9	253.2	129.09	101.54	84.27
Long-Term Debt	255.96	314.84	235.04	213.32	124.93
Long-Term Leases	11.32	11.77	10.73	9.83	9.21
Pension & Post-Retirement Benefits	-	-	12.15	10.77	12.84
Long-Term Deferred Tax Liabilities	-	-	7.46	4.64	2.56
Other Long-Term Liabilities	50.57	22.72	26.21	25.06	22.03
Total Liabilities	4,744	4,517	3,069	2,537	2,353
Common Stock	150	150	150	150	150
Retained Earnings	458.22	360.64	317.9	309.79	302.45
Comprehensive Income & Other	99.9	104.11	7.94	7.6	3.98
Total Common Equity	708.12	614.74	475.83	467.4	456.43
Minority Interest	178.01	112.77	1.72	0.28	-
Shareholders' Equity	886.13	727.51	477.56	467.67	456.43
Total Liabilities & Equity	5,630	5,244	3,547	3,005	2,810
Total Debt	394.25	411.4	318.33	262.65	151.65
Net Cash (Debt)	888.92	900.17	213.92	137.53	282.53
Net Cash Growth	-1.25%	320.79%	55.55%	-51.32%	-13.56%
Net Cash Per Share	5.93	6.00	1.43	0.92	1.88
Filing Date Shares Outstanding	150	150	150	150	150
Total Common Shares Outstanding	150	150	150	150	150
Book Value Per Share	4.13	3.50	3.17	3.12	3.04
Tangible Book Value	695.65	602.84	468.59	461.73	454.47
Tangible Book Value Per Share	4.04	3.43	3.12	3.08	3.03

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.