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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	15,701	407.13	274.56	454.47	324.98	402.26
Investment Securities	217.98	211.66	279.19	206.76	185.9	157.06
Trading Asset Securities	-	5,436	1,438	1,935	1,629	2,204
Mortgage-Backed Securities	5,414	-	-	-	-	-
Total Investments	5,632	5,648	1,717	2,142	1,815	2,361
Gross Loans	19,871	19,802	18,587	17,587	14,270	14,083
Allowance for Loan Losses	-246.04	-267.56	-261.56	-217.44	-160.27	-123.78
Net Loans	19,625	19,535	18,326	17,369	14,110	13,959
Property, Plant & Equipment	267.37	275.34	263.44	278.03	275.59	231.12
Goodwill	-	13.93	13.93	13.93	13.93	13.93
Other Intangible Assets	102.53	93.68	103.08	93.94	107.01	106.87
Accrued Interest Receivable	18.48	13.34	14.04	35.63	32.55	32.34
Other Receivables	8.81	-	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	1.73	0.45	-	-	-	-
Other Long-Term Assets	267.04	202.43	146.13	125.56	123.93	134.1
Total Assets	41,624	40,977	36,384	33,244	30,022	27,741
Accrued Expenses	0.59	42.65	43.09	38	38.75	38.06
Interest Bearing Deposits	35,227	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	35,227	35,125	31,033	28,680	26,289	24,435
Short-Term Borrowings	34.08	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	1,249	1,149	899.51	650	400
Pension & Post-Retirement Benefits	8.13	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	1,483	773.72	764.67	494.53	451.77	521.81
Total Liabilities	38,002	37,367	33,133	30,386	27,601	25,499
Common Stock	347.22	347.22	347.22	347.22	347.22	347.22
Retained Earnings	3,186	3,171	2,835	2,433	1,996	1,830
Comprehensive Income & Other	88.78	92.57	68.96	76.9	78.07	64.57
Shareholders' Equity	3,622	3,610	3,251	2,857	2,422	2,242
Total Liabilities & Equity	41,624	40,977	36,384	33,244	30,022	27,741
Total Debt	1,283	1,391	1,244	1,128	806.15	449.9
Net Cash (Debt)	14,418	4,452	468.48	1,261	1,148	2,157
Net Cash Growth	-8.41%	850.36%	-62.85%	9.80%	-46.75%	-82.35%
Net Cash Per Share	4168.85	1286.38	135.48	365.16	332.17	623.85
Filing Date Shares Outstanding	3.45	3.46	3.46	3.45	3.46	3.46
Total Common Shares Outstanding	3.45	3.46	3.46	3.45	3.46	3.46
Book Value Per Share	1048.41	1044.25	938.23	827.75	700.88	647.90
Tangible Book Value	3,519	3,503	3,134	2,749	2,301	2,121
Tangible Book Value Per Share	1018.73	1013.13	904.46	796.50	665.87	612.98