BUD:GRANIT Balance Sheet

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

Millions HUF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	558,000	625,709	465,517	55,693	15,642
Investment Securities	116,000	446,633	331,966	328,916	236,767
Trading Asset Securities	-	21,036	16,245	47,236	35,751
Total Investments	116,000	467,669	348,211	376,152	272,518
Gross Loans	1,044,000	467,615	348,667	308,600	225,579
Allowance for Loan Losses	-	-1,888	-1,172	-701	-394
Other Adjustments to Gross Loans	-	-107	-75	-130	-148
Net Loans	1,044,000	465,620	347,420	307,769	225,037
Property, Plant & Equipment	28,000	3,755	3,216	2,924	815
Goodwill	-	6,785	6,200	971	-
Other Intangible Assets	-	11,710	8,254	4,701	2,155
Accrued Interest Receivable	-	160	581	-	-
Other Receivables	86,000	46,238	105,094	281,087	165,989
Restricted Cash	-	32,969	22,009	27,597	-
Other Current Assets	-	1,764	150	19	7
Long-Term Deferred Tax Assets	-	168	134	142	32
Other Long-Term Assets	33,000	8,650	5,383	5,575	1,603
Total Assets	1,865,000	1,672,730	1,312,714	1,062,856	683,931
Accounts Payable	-	1,112	319	277	153
Accrued Expenses	-	340	491	2,558	597
Interest Bearing Deposits	1,449,000	812,776	594,644	419,600	152,812
Non-Interest Bearing Deposits	-	394,671	362,633	322,862	248,576
Total Deposits	1,449,000	1,207,447	957,277	742,462	401,388
Short-Term Borrowings	-	6,847	9,037	9,213	1,019
Current Income Taxes Payable	-	625	1,509	1,580	422
Other Current Liabilities	-	242	528	196	1,646
Long-Term Debt	227,000	245,912	186,132	160,951	165,790
Long-Term Leases	-	1,877	1,150	1,992	231
Long-Term Unearned Revenue	-	115	99	131	144
Long-Term Deferred Tax Liabilities	-	228	323	115	-
Other Long-Term Liabilities	24,000	59,910	74,329	84,281	85,865
Total Liabilities	1,700,000	1,524,655	1,231,194	1,003,756	657,255
Common Stock	161,000	19,223	15,395	15,395	11,247
Retained Earnings	-	57,822	38,847	18,528	7,130
Treasury Stock	-	-	-	-19,707	-3,040
Comprehensive Income & Other	-	67,228	23,782	22,609	8,329
Total Common Equity	161,000	144,273	78,024	36,825	23,666
Minority Interest	4,000	3,802	3,496	22,275	3,010
Shareholders' Equity	165,000	148,075	81,520	59,100	26,676
Total Liabilities & Equity	1,865,000	1,672,730	1,312,714	1,062,856	683,931
Total Debt	227,000	254,636	196,319	172,156	167,040
Net Cash (Debt)	331,000	392,109	285,443	-69,227	-115,647
Net Cash Growth	-15.58%	37.37%	-	-	-
Net Cash Per Share	-	24870.54	18541.28	-	-10335.17
Filing Date Shares Outstanding	-	19.22	15.39	-	11.19
Total Common Shares Outstanding	-	19.22	15.39	-	11.19
Book Value Per Share	-	7505.20	5068.16	-	2114.99
Tangible Book Value	161,000	125,778	63,570	31,153	21,511
Tangible Book Value Per Share	-	6543.07	4129.28	-	1922.40

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