Lån & Spar Bank 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	407.13	274.56	454.47	324.98	402.26
Investment Securities	211.66	279.19	206.76	185.9	157.06
Trading Asset Securities	5,436	1,438	1,935	1,629	2,204
Total Investments	5,648	1,717	2,142	1,815	2,361
Gross Loans	19,802	18,587	17,587	14,270	14,083
Allowance for Loan Losses	-267.56	-261.56	-217.44	-160.27	-123.78
Net Loans	19,535	18,326	17,369	14,110	13,959
Property, Plant & Equipment	275.34	263.44	278.03	275.59	231.12
Goodwill	13.93	13.93	13.93	13.93	13.93
Other Intangible Assets	93.68	103.08	93.94	107.01	106.87
Accrued Interest Receivable	13.34	14.04	35.63	32.55	32.34
Other Receivables	-	1.8	-	5.3	-
Restricted Cash	14,772	15,510	12,718	13,201	10,488
Other Current Assets	16.26	15.21	13.58	12.37	12.32
Long-Term Deferred Tax Assets	0.45	-	-	-	-
Other Long-Term Assets	202.43	146.13	125.56	123.93	134.1
Total Assets	40,977	36,384	33,244	30,022	27,741
Accrued Expenses	42.65	43.09	38	38.75	38.06
Interest Bearing Deposits	1,800	1,723	1,556	1,312	1,251
Non-Interest Bearing Deposits	33,325	29,309	27,124	24,977	23,184
Total Deposits	35,125	31,033	28,680	26,289	24,435
Short-Term Borrowings	142.08	94.62	228.82	156.15	49.9
Current Income Taxes Payable	7.82	-	11.05	-	19.88
Other Current Liabilities	18.18	16.2	18.19	5.25	4.13
Long-Term Debt	1,249	1,149	899.51	650	400
Pension & Post-Retirement Benefits	8.13	8.76	7.67	7.98	8.77
Long-Term Deferred Tax Liabilities	-	24.37	8.39	1.94	21.74
Other Long-Term Liabilities	773.72	764.67	494.53	451.77	521.81
Total Liabilities	37,367	33,133	30,386	27,601	25,499
Common Stock	347.22	347.22	347.22	347.22	347.22
Retained Earnings	3,171	2,835	2,433	1,996	1,830
Comprehensive Income & Other	92.57	68.96	76.9	78.07	64.57
Shareholders' Equity	3,610	3,251	2,857	2,422	2,242
Total Liabilities & Equity	40,977	36,384	33,244	30,022	27,741
Total Debt	1,391	1,244	1,128	806.15	449.9
Net Cash (Debt)	4,452	468.48	1,261	1,148	2,157
Net Cash Growth	850.36%	-62.85%	9.80%	-46.75%	-82.35%
Net Cash Per Share	1286.38	135.48	365.16	332.17	623.85
Filing Date Shares Outstanding	3.46	3.46	3.45	3.46	3.46
Total Common Shares Outstanding	3.46	3.46	3.45	3.46	3.46
Book Value Per Share	1044.25	938.23	827.75	700.88	647.90
Tangible Book Value	3,503	3,134	2,749	2,301	2,121
Tangible Book Value Per Share	1013.13	904.46	796.50	665.87	612.98

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