Klarna Investor Presentation Deck
Balance sheet.
Amounts in SEKm
Assets
Cash and balances with central banks
Treasury bills chargeable at central banks, etc.
Loans to the public
Other current and non-current assets
Total assets
Liabilities
Liabilities to credit institutions
Deposits from the public
Debt securities in issue
Other current and non-current liabilities
Equity
Total equity
Total liabilities and equity
31 Dec 2020
5,014
5,219
41,718
9,844
61,795
2,415
30,835
4,183
18,038
The information is presented for Klarna Bank AB (publ).
¹ The effect on equity will be reflected in the annual report for Klarna Holding AB.
6,324
61,795
30 Jun 2020 31 Dec 2019
1,922
5,301
32,975
8,503
48,701
2,541
23,687
4,768
11,970
5,735
48,701
107
2,511
29,655
7,595
39,868
4,940
12,288
5,583
11,762
5,295
39,868
■ Volume growth contributed to an increase in Loans to the
public of 41% YoY to SEK 41,718m (USD 4,535m). Growth has
been funded by the increase in Deposits from the public,
which are primarily driven by EUR deposits.
■ The average duration of our credit portfolio is ~40 days. This
means we can steer balance sheet growth and related risk
quickly. In the context of the current macro environment, we
maintain a reserve of SEK 70m as market conditions remain
uncertain in light of Covid-19 and its related effects.
■ In September, we raised USD 650m in an equity funding
round¹ to fuel our continued growth. The funding round was
led by Silver Lake, the global leader in technology investing,
alongside GIC - Singapore's sovereign wealth fund - as well
as funds and accounts managed by BlackRock and HMI
Capital.
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