Financial Highlights

Units in US$'000	31/12/23 Audited	31/12/22 Audited	31/12/21 Audited	31/12/20 Audited	31/12/19 Audited	Change (%) ¹
Consolidated Financial Results (CIFRS)
Assets	9,744,040	9,031,163	7,855,252	6,551,494	6,175,162	7.89%
Loans and Advances (net)	6,601,665	6,379,406	5,393,954	4,471,301	3,846,021	3.48%
Liabilities	8,362,020	7,714,515	6,650,217	5,461,868	5,210,700	8.39%
Deposits	7,227,813	6,388,991	5,716,020	4,611,296	4,367,898	13.13%
Share Capital	433,163	433,163	433,163	433,163	428,818	-
Shareholders' Equity ²	1,375,999	1,310,588	1,199,042	1,089,626	964,462	4.99%
Gross Income	828,008	743,831	636,698	579,221	550,128	11.32%
Profit Before Income Tax	184,238	228,308	204,753	180,035	153,523	-19.30%
Net Profit After Tax	148,018	181,815	166,674	141,493	120,860	-18.59%
Earnings Per Share	0.34$	0.42$	0.39$	0.33$	0.29$	-19.05%
Dividend ³	140.4795៛	685.8985៛	548.6405៛	0.0981$	0.0763$	-79.52%
Unconsolidated Financial Results (CIFRS)
Assets	9,605,647	8,918,446	7,695,163	6,379,484	6,017,303	7.71%
Loans and Advances (net)	6,457,043	6,246,269	5,232,059	4,292,649	3,686,579	3.37%
Liabilities	8,213,001	7,587,359	6,486,071	5,285,458	5,045,025	8.25%
Deposits	7,101,695	6,280,045	5,582,534	4,477,033	4,256,424	13.08%
Share Capital ⁴	433,163	433,163	433,163	433,163	428,818	-
Shareholders' Equity ⁵	1,392,646	1,331,086	1,209,092	1,094,026	972,279	4.62%
Gross Income	792,125	705,214	594,625	537,756	514,933	12.32%
Profit Before Income Tax	172,202	217,423	201,662	172,154	148,226	-20.80%
Net Profit After Tax	138,139	173,406	162,085	138,342	117,887	-20.34%

Highlights of 2023 (The Group)

Assets rose 7.89% to US$9,744.04 million.
Loans (net) grew 3.48% to US$6,601.67 million.
Non-performing loans to total loans was contained at 6.39%.
Deposits increased by 13.13% to US$7,227.81 million.
Equity grew by 4.99% from US$1,310.59 million to US$1,376 million.
Net profit after tax was US$148.02 million.
Return on equity was 10.76%.
The Group had 320 offices operating in Cambodia, Lao PDR, and the Republic of the Union of Myanmar.

Note:

From 2022 to 2023.
Excluded non-controlling interests and subordinated debt.
Dividend distribution from 2019 to 2023 was 100% paid out in cash.
Share capital of ACLEDA Financial Trust (AFT) and Legalized from ASA, Plc. are shown:

Description	2023	2022	2021	2020	2019
AFT share (%)	28.0443%	27.1422%	25.7392%	25.7392%	26.0000%
AFT Number of Shares	121,477,368	117,569,958	111,492,719	111,492,719	111,492,719
Legalized from ASA share (%)	5.7524%	5.7524%	20.7492%	24.7492%	25.0000%
Legalized ASA Number of Shares	24,916,808	24,916,808	89,878,026	107,204,547	107,204,547