GrønlandsBANKEN Balance Sheet

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

Millions DKK. 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	3,124	2,237	1,673	1,515	1,491
Investment Securities	950.25	826.73	649.44	514.64	499.44
Mortgage-Backed Securities	1,522	1,499	1,303	1,157	1,101
Total Investments	2,473	2,325	1,953	1,671	1,600
Gross Loans	5,128	5,244	5,009	4,534	3,958
Allowance for Loan Losses	-206.28	-212.7	-195.87	-180.01	-174.37
Net Loans	4,922	5,031	4,813	4,354	3,784
Property, Plant & Equipment	335.12	318.49	304.92	290.38	253.94
Accrued Interest Receivable	5.07	4.82	4.43	3.98	3.83
Other Receivables	-	0.66	-	-	-
Other Long-Term Assets	115.39	104.34	93.2	115.15	93.8
Total Assets	10,974	10,022	8,841	7,950	7,227
Accrued Expenses	4.19	4.4	-	7.54	7.5
Interest Bearing Deposits	2,119	1,954	1,662	1,095	897.96
Non-Interest Bearing Deposits	6,535	5,875	5,266	5,242	4,826
Total Deposits	8,654	7,829	6,927	6,337	5,724
Short-Term Borrowings	21.15	15.7	22.11	22.6	13.15
Current Portion of Long-Term Debt	24.97	49.92	-	-	-
Current Income Taxes Payable	1.54	-	0.01	18.86	22.62
Long-Term Debt	467.07	327.67	238.3	99.27	49.64
Pension & Post-Retirement Benefits	3.31	2.9	2.51	2.1	1.71
Long-Term Deferred Tax Liabilities	98.83	106.39	84.76	67.13	68.33
Other Long-Term Liabilities	100.34	92.37	86.89	76.43	71.74
Total Liabilities	9,375	8,428	7,362	6,631	5,959
Common Stock	180	180	180	180	180
Retained Earnings	1,344	1,343	1,233	1,077	1,050
Comprehensive Income & Other	75.07	70.45	65.88	61.65	37.63
Shareholders' Equity	1,599	1,594	1,479	1,319	1,268
Total Liabilities & Equity	10,974	10,022	8,841	7,950	7,227
Total Debt	513.19	393.29	260.4	121.87	62.79
Net Cash (Debt)	2,611	1,844	1,412	1,393	1,429
Net Cash Growth	41.63%	30.53%	1.39%	-2.48%	176.62%
Net Cash Per Share	1451.05	1024.12	784.82	774.51	793.68
Filing Date Shares Outstanding	1.8	1.8	1.8	1.8	1.8
Total Common Shares Outstanding	1.8	1.8	1.8	1.8	1.8
Book Value Per Share	888.35	885.35	821.74	732.55	704.39
Tangible Book Value	1,599	1,594	1,479	1,319	1,268
Tangible Book Value Per Share	888.35	885.35	821.74	732.55	704.39

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.