BVC:GRUPOAVAL Balance Sheet

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

Millions COP. 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	13,665,239	7,278,873	8,412,658	7,246,299	16,524,688
Investment Securities	37,625,534	37,690,206	32,507,486	33,718,062	37,381,561
Trading Asset Securities	20,631,553	13,764,958	12,646,497	9,862,236	8,792,453
Total Investments	58,257,087	51,455,164	45,153,983	43,580,298	46,174,014
Gross Loans	202,106,758	209,327,051	201,813,185	196,840,004	239,530,631
Allowance for Loan Losses	-8,429,970	-10,006,639	-10,035,715	-9,197,514	-11,275,612
Other Adjustments to Gross Loans	-9,450,815	-9,190,926	-15,609,415	-8,526,643	-7,957,194
Net Loans	184,225,973	190,129,486	176,168,055	179,115,847	220,297,825
Property, Plant & Equipment	8,489,912	6,032,167	5,858,749	6,141,848	8,092,632
Goodwill	2,057,116	2,223,608	2,202,222	2,248,217	8,486,560
Other Intangible Assets	33,515,977	36,333,119	33,752,514	31,435,880	26,065,690
Investments in Real Estate	882,979	972,935	906,469	880,963	852,935
Other Receivables	9,426,816	10,976,415	9,640,365	8,376,857	6,022,520
Restricted Cash	5,689,471	9,719,986	10,185,203	9,786,558	20,118,141
Other Current Assets	27,751,967	7,350,943	3,650,900	2,658,212	3,034,810
Long-Term Deferred Tax Assets	1,366,820	1,628,201	1,280,912	1,851,218	1,765,265
Other Real Estate Owned & Foreclosed	44,041	78,194	64,447	68,001	177,742
Other Long-Term Assets	3,563,279	3,680,292	3,905,119	2,201,038	9,291,103
Total Assets	348,936,677	327,859,383	301,181,596	295,591,236	366,903,925
Accounts Payable	3,518,847	3,253,637	3,474,177	2,803,736	3,228,295
Accrued Expenses	1,269,001	1,320,817	1,147,438	1,150,500	935,663
Interest Bearing Deposits	206,942,693	200,524,267	181,557,202	172,499,644	233,853,221
Non-Interest Bearing Deposits	462,545	347,910	430,194	841,505	617,201
Total Deposits	207,405,238	200,872,177	181,987,396	173,341,149	234,470,422
Short-Term Borrowings	28,904,315	22,561,645	20,938,954	10,849,095	11,778,138
Current Portion of Long-Term Debt	6,431,616	5,299,548	4,677,301	25,297,468	25,138,973
Current Portion of Leases	-	-	-	143,546	468,393
Current Income Taxes Payable	203,908	247,502	268,347	228,817	382,348
Other Current Liabilities	18,594,866	2,143,795	2,426,746	1,903,335	2,530,523
Long-Term Debt	32,491,492	43,129,907	39,505,263	35,395,442	34,588,781
Long-Term Leases	2,830,444	2,866,267	2,791,748	2,192,398	2,413,764
Long-Term Unearned Revenue	3,432,379	4,338,566	3,432,109	3,071,494	3,033,292
Pension & Post-Retirement Benefits	541,926	561,659	522,512	464,496	1,163,076
Long-Term Deferred Tax Liabilities	5,958,848	5,616,464	5,546,640	5,062,670	4,332,366
Other Long-Term Liabilities	2,610,956	2,484,481	2,942,549	2,865,431	2,968,244
Total Liabilities	314,193,836	294,696,465	269,661,180	264,769,577	327,432,278
Common Stock	23,744	23,744	23,744	23,744	22,281
Additional Paid-In Capital	9,502,957	9,508,062	9,571,374	9,571,374	8,490,799
Retained Earnings	9,241,357	8,163,434	7,731,773	8,018,417	13,383,391
Comprehensive Income & Other	-322,153	-243,983	-544,219	-1,146,565	1,117,182
Total Common Equity	18,445,905	17,451,257	16,782,672	16,466,970	23,013,653
Minority Interest	16,296,936	15,711,661	14,737,744	14,354,689	16,457,994
Shareholders' Equity	34,742,841	33,162,918	31,520,416	30,821,659	39,471,647
Total Liabilities & Equity	348,936,677	327,859,383	301,181,596	295,591,236	366,903,925
Total Debt	70,657,867	73,857,367	67,913,266	73,877,949	74,388,049
Net Cash (Debt)	-36,361,075	-52,813,536	-46,854,111	-56,769,414	-49,070,908
Net Cash Per Share	-1531.41	-2224.34	-1973.35	-2453.04	-2202.36
Filing Date Shares Outstanding	23,743	23,743	23,743	23,743	22,281
Total Common Shares Outstanding	23,743	23,743	23,743	23,743	22,281
Book Value Per Share	776.88	734.99	706.83	693.54	1032.88
Tangible Book Value	-17,127,188	-21,105,470	-19,172,064	-17,217,127	-11,538,597
Tangible Book Value Per Share	-721.34	-888.90	-807.47	-725.13	-517.87

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