Infinity Trust Mortgage Bank Plc (NGX:INFINITY)

NGX:INFINITY Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5,090	3,484	1,680	689.76	2,233	1,613
Investment Securities	1,289	1,628	548.14	606.6	909.81	1,203
Total Investments	1,289	1,628	548.14	606.6	909.81	1,203
Gross Loans	17,891	15,746	15,286	12,299	10,017	7,216
Allowance for Loan Losses	-518.04	-472.95	-274.73	-208.29	-190.19	-168.26
Net Loans	17,373	15,273	15,012	12,090	9,827	7,047
Property, Plant & Equipment	4,196	2,669	2,637	2,680	2,721	2,672
Other Intangible Assets	36.63	36.3	18.97	25.41	24.14	18.95
Accrued Interest Receivable	-	920.91	346.31	165.99	85.98	70.59
Other Receivables	428.83	931.27	237.18	319.04	196.3	506.14
Restricted Cash	107.17	107.17	96.15	96.15	96.15	58.49
Other Current Assets	479.86	92.82	57.28	62.47	69.58	80.57
Long-Term Deferred Tax Assets	-	-	15	30	45	60
Other Long-Term Assets	189.83	7.08	7.51	8.19	9.58	11.51
Total Assets	29,190	25,150	20,655	16,774	16,218	13,343
Interest Bearing Deposits	5,511	2,765	2,130	1,374	1,420	1,045
Non-Interest Bearing Deposits	2,878	3,137	2,268	1,853	2,541	2,721
Total Deposits	8,388	5,902	4,398	3,227	3,961	3,766
Current Portion of Long-Term Debt	-	882.97	998.7	284.86	232.78	109.59
Current Income Taxes Payable	342.37	271.44	129.38	130.78	72.75	48.31
Accrued Interest Payable	-	62.33	16.76	4.8	3.72	-
Other Current Liabilities	922.63	4.84	4.75	4.75	4.69	4.69
Long-Term Debt	7,850	7,435	6,095	5,134	4,527	2,573
Long-Term Unearned Revenue	59.67	66.79	11.99	27.76	43.44	8.29
Pension & Post-Retirement Benefits	-	0.2	0.19	0.16	0.16	0.21
Long-Term Deferred Tax Liabilities	-	10.41	-	-	-	-
Other Long-Term Liabilities	1,262	1,304	1,136	803.67	598.5	395.71
Total Liabilities	18,825	15,939	12,791	9,618	9,445	6,905
Preferred Stock, Convertible	600	600	600	600	600	600
Common Stock	2,085	2,085	2,085	2,085	2,085	2,085
Additional Paid-In Capital	1,227	1,227	1,227	1,227	1,227	1,227
Retained Earnings	4,114	4,695	3,881	2,968	2,586	2,252
Comprehensive Income & Other	2,339	603.13	70.5	275.1	275.1	273.2
Total Common Equity	9,765	8,611	7,264	6,556	6,173	5,838
Shareholders' Equity	10,365	9,211	7,864	7,156	6,773	6,438
Total Liabilities & Equity	29,190	25,150	20,655	16,774	16,218	13,343
Total Debt	7,850	8,317	7,094	5,418	4,760	2,682
Net Cash (Debt)	-2,760	-4,834	-5,414	-4,729	-2,527	-1,069
Net Cash Per Share	-0.66	-1.16	-1.30	-1.13	-0.61	-0.26
Filing Date Shares Outstanding	4,170	4,170	4,170	4,170	4,170	4,170
Total Common Shares Outstanding	4,170	4,170	4,170	4,170	4,170	4,170
Book Value Per Share	2.34	2.06	1.74	1.57	1.48	1.40
Tangible Book Value	9,729	8,574	7,245	6,531	6,149	5,819
Tangible Book Value Per Share	2.33	2.06	1.74	1.57	1.47	1.40

Source: S&P Global Market Intelligence. Banks template. Financial Sources.