NN Group Balance Sheet

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

Millions EUR. 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
Investments in Debt Securities	-	65,198	66,131	69,684	95,917
Investments in Equity & Preferred Securities	8,074	10,146	10,150	10,556	18,885
Policy Loans	-	-	-	-	937
Other Investments	121,843	54	101	263	-
Total Investments	188,721	155,058	149,781	146,447	180,158
Cash & Equivalents	6,404	6,929	8,207	6,670	6,929
Reinsurance Recoverable	-	680	733	837	1,015
Other Receivables	1,032	40,290	42,298	43,191	8,706
Deferred Policy Acquisition Cost	-	-	-	-	1,893
Separate Account Assets	-	-	-	-	39,261
Property, Plant & Equipment	313	302	348	399	414
Goodwill	-	869	892	871	549
Other Intangible Assets	1,189	360	378	409	384
Restricted Cash	-	2,584	3,000	5,001	803
Other Current Assets	1,330	2,684	2,486	2,452	10,540
Long-Term Deferred Tax Assets	201	94	146	131	47
Other Long-Term Assets	5,722	525	672	616	886
Total Assets	204,912	210,375	208,941	207,024	251,585
Accrued Expenses	-	673	711	421	436
Insurance & Annuity Liabilities	144,998	147,541	145,064	140,799	119,042
Unpaid Claims	-	-	-	-	6,992
Unearned Premiums	-	-	-	-	425
Reinsurance Payable	-	112	144	223	63
Current Portion of Long-Term Debt	-	2,799	4,207	6,257	2,215
Current Income Taxes Payable	-	26	29	67	65
Long-Term Debt	13,420	8,730	9,660	8,889	9,734
Long-Term Leases	-	229	233	255	294
Long-Term Deferred Tax Liabilities	616	573	472	661	4,821
Separate Account Liability	-	-	-	-	37,531
Other Current Liabilities	-	1,981	2,138	11,843	19,659
Other Long-Term Liabilities	24,723	25,823	25,024	16,501	15,250
Total Liabilities	183,757	188,723	187,822	185,923	216,667
Common Stock	19,078	32	34	35	38
Additional Paid-In Capital	-	12,581	12,579	12,578	12,575
Retained Earnings	-	-2,936	-3,018	-3,601	4,042
Comprehensive Income & Other	1,984	11,890	11,445	12,017	17,997
Total Common Equity	21,062	21,567	21,040	21,029	34,652
Minority Interest	93	85	79	72	266
Shareholders' Equity	21,155	21,652	21,119	21,101	34,918
Total Liabilities & Equity	204,912	210,375	208,941	207,024	251,585
Filing Date Shares Outstanding	262.19	267.05	273.94	281.31	304.59
Total Common Shares Outstanding	262.19	267.43	273.86	281.39	305.58
Total Debt	13,420	11,758	14,100	15,401	12,243
Net Cash (Debt)	-7,016	-4,829	-5,893	-8,731	-5,314
Net Cash Per Share	-24.63	-17.76	-21.24	-29.53	-17.18
Book Value Per Share	80.33	80.65	76.83	74.73	113.40
Tangible Book Value	19,873	20,338	19,770	19,749	33,719
Tangible Book Value Per Share	75.80	76.05	72.19	70.18	110.34
Machinery	-	476	462	446	413

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