ASR Nederland 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	-	-	880	-	25,507
Investments in Equity & Preferred Securities	408	3,287	2,853	2,119	4,922
Other Investments	79,141	11	5	6	146
Total Investments	82,769	95,805	105,741	47,426	51,979
Cash & Equivalents	2,709	1,531	5,086	1,997	414
Reinsurance Recoverable	351	485	501	381	500
Other Receivables	-	916	1,345	368	5,512
Separate Account Assets	33,302	33,025	30,352	9,912	11,574
Property, Plant & Equipment	678	676	732	679	556
Goodwill	-	233	234	234	224
Other Intangible Assets	805	359	415	88	86
Restricted Cash	-	5,003	5,157	249	1,892
Other Current Assets	15,905	377	494	162	201
Long-Term Deferred Tax Assets	36	101	636	318	-
Other Long-Term Assets	5,596	84	75	85	2,102
Total Assets	142,151	138,595	150,768	61,899	75,040
Accounts Payable	-	371	554	2	15
Accrued Expenses	-	242	228	155	252
Insurance & Annuity Liabilities	63,312	64,516	63,518	31,693	31,307
Unpaid Claims	-	-	-	-	6,744
Unearned Premiums	-	-	-	-	307
Reinsurance Payable	-	-	-	-	12
Current Portion of Long-Term Debt	-	5,210	4,868	2,264	5,744
Short-Term Debt	-	8,333	9,766	5,652	678
Current Income Taxes Payable	-	-	-	-	129
Long-Term Debt	8,914	5,460	8,095	2,131	1,129
Long-Term Leases	-	74	88	62	55
Long-Term Deferred Tax Liabilities	-	-	-	-	69
Separate Account Liability	38,049	38,366	36,082	10,463	14,566
Other Current Liabilities	15,453	649	12,564	36	89
Other Long-Term Liabilities	1,489	691	599	637	2,570
Total Liabilities	132,027	128,762	141,391	55,722	67,656
Common Stock	33	34	34	24	22
Additional Paid-In Capital	4,028	4,070	4,070	1,533	956
Retained Earnings	4,342	4,528	4,147	3,569	5,061
Treasury Stock	-245	-109	-7	-79	-83
Comprehensive Income & Other	1,953	1,263	1,098	1,103	1,410
Total Common Equity	10,111	9,786	9,342	6,150	7,366
Minority Interest	13	47	35	27	18
Shareholders' Equity	10,124	9,833	9,377	6,177	7,384
Total Liabilities & Equity	142,151	138,595	150,768	61,899	75,040
Filing Date Shares Outstanding	204.6	208.9	211.15	147.92	135.79
Total Common Shares Outstanding	204.6	208.9	211.15	147.92	135.79
Total Debt	8,914	19,077	22,817	10,109	7,606
Net Cash (Debt)	-6,205	-17,546	-17,731	-8,112	-7,192
Net Cash Per Share	-30.33	-75.48	-88.44	-59.21	-45.55
Book Value Per Share	49.42	46.84	44.24	41.58	54.24
Tangible Book Value	9,306	9,194	8,693	5,828	7,056
Tangible Book Value Per Share	45.48	44.01	41.17	39.40	51.96
Land	-	290	-	-	-
Machinery	-	613	-	-	-

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