Lån & Spar Bank Balance Sheet

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	16,609	274.56	454.47	324.98	402.26	7,300
Investment Securities	220.72	279.19	206.76	185.9	157.06	166.54
Trading Asset Securities	-	1,438	1,935	1,629	2,204	5,242
Mortgage-Backed Securities	3,991	-	-	-	-	-
Total Investments	4,212	1,717	2,142	1,815	2,361	5,408
Gross Loans	19,387	18,587	17,587	14,270	14,083	13,955
Allowance for Loan Losses	-240.04	-261.56	-217.44	-160.27	-123.78	-147.06
Net Loans	19,147	18,326	17,369	14,110	13,959	13,808
Property, Plant & Equipment	252.97	263.44	278.03	275.59	231.12	252.01
Goodwill	-	13.93	13.93	13.93	13.93	13.93
Other Intangible Assets	106.27	103.08	93.94	107.01	106.87	99.64
Accrued Interest Receivable	-	14.04	35.63	32.55	32.34	29.05
Other Receivables	-	1.8	-	5.3	-	-
Restricted Cash	-	15,510	12,718	13,201	10,488	354.82
Other Current Assets	12.53	15.21	13.58	12.37	12.32	11.75
Other Long-Term Assets	247.78	146.13	125.56	123.93	134.1	148.15
Total Assets	40,587	36,384	33,244	30,022	27,741	27,426
Accrued Expenses	0.75	43.09	38	38.75	38.06	72.74
Interest Bearing Deposits	34,028	1,723	1,556	1,312	1,251	1,196
Non-Interest Bearing Deposits	-	29,309	27,124	24,977	23,184	23,218
Total Deposits	34,028	31,033	28,680	26,289	24,435	24,415
Short-Term Borrowings	109.19	94.62	228.82	156.15	49.9	121.63
Current Income Taxes Payable	54.83	-	11.05	-	19.88	3.96
Other Current Liabilities	-	16.2	18.19	5.25	4.13	13.82
Long-Term Debt	1,149	1,149	899.51	650	400	200
Pension & Post-Retirement Benefits	8.76	8.76	7.67	7.98	8.77	7.8
Long-Term Deferred Tax Liabilities	18.59	24.37	8.39	1.94	21.74	33.49
Other Long-Term Liabilities	1,695	764.67	494.53	451.77	521.81	490.7
Total Liabilities	37,064	33,133	30,386	27,601	25,499	25,359
Common Stock	347.22	347.22	347.22	347.22	347.22	347.22
Retained Earnings	3,096	2,835	2,433	1,996	1,830	1,653
Comprehensive Income & Other	79.54	68.96	76.9	78.07	64.57	66.36
Shareholders' Equity	3,523	3,251	2,857	2,422	2,242	2,067
Total Liabilities & Equity	40,587	36,384	33,244	30,022	27,741	27,426
Total Debt	1,258	1,244	1,128	806.15	449.9	321.63
Net Cash (Debt)	15,350	468.48	1,261	1,148	2,157	12,220
Net Cash Growth	5.45%	-62.85%	9.80%	-46.75%	-82.35%	22.54%
Net Cash Per Share	4437.25	135.48	365.16	332.17	623.85	3540.01
Filing Date Shares Outstanding	3.46	3.46	3.45	3.46	3.46	3.45
Total Common Shares Outstanding	3.46	3.46	3.45	3.46	3.46	3.45
Book Value Per Share	1018.24	938.23	827.75	700.88	647.90	598.19
Tangible Book Value	3,417	3,134	2,749	2,301	2,121	1,953
Tangible Book Value Per Share	987.53	904.46	796.50	665.87	612.98	565.32

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.