Lion Finance Group Balance Sheet

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

Millions GEL. 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	5,050	3,753	3,102	3,585	1,521	1,971
Investment Securities	8,570	8,997	5,133	4,372	1,799	828.93
Trading Asset Securities	-	226.53	18.23	39.27	137.23	14.89
Total Investments	8,570	9,223	5,151	4,411	1,937	843.81
Gross Loans	37,927	34,133	20,589	17,221	16,623	14,702
Allowance for Loan Losses	-	-440.82	-339.13	-334.78	-410.7	-448.32
Other Adjustments to Gross Loans	-	-133.57	-16.75	-24.11	-43.56	-50.59
Net Loans	37,927	33,559	20,233	16,862	16,169	14,203
Property, Plant & Equipment	909.9	807.99	575.65	516.24	458.99	471.06
Goodwill	41.25	41.25	41.25	33.35	33.35	33.35
Other Intangible Assets	341.64	322.25	167.86	149.44	144.25	125.81
Investments in Real Estate	121.7	134.34	124.07	166.55	226.85	231.24
Other Receivables	3,153	242.48	196.64	489.91	50.05	57.9
Restricted Cash	-	3,060	1,753	2,423	1,903	1,997
Other Current Assets	144.2	147.03	98	111.33	117.71	311.4
Long-Term Deferred Tax Assets	-	0.32	0.46	0.64	0.18	0.19
Other Real Estate Owned & Foreclosed	371.42	378.64	271.71	119.92	3.22	5.99
Other Long-Term Assets	1,501	538.09	43.31	34.34	866.48	1,785
Total Assets	58,131	52,208	31,758	28,902	23,430	22,036
Accounts Payable	-	5.73	12.73	5.61	7.71	11.65
Accrued Expenses	271.17	306.21	73.43	62.42	51.78	27.29
Interest Bearing Deposits	37,658	15,760	8,886	8,697	7,436	8,480
Non-Interest Bearing Deposits	-	18,779	12,198	11,003	6,998	5,995
Total Deposits	37,658	34,538	21,084	19,700	14,434	14,475
Short-Term Borrowings	2,289	3,028	2,127	1,774	1,421	837.81
Current Portion of Long-Term Debt	-	615.1	38.93	340.44	287.7	207.31
Current Portion of Leases	-	60.94	34.64	28.21	22.34	24.31
Current Income Taxes Payable	91.88	67.34	185.44	20.26	85.27	-
Other Current Liabilities	-	37.58	3.56	2.38	100.59	1.58
Long-Term Debt	8,888	5,964	2,875	2,419	3,740	3,669
Long-Term Leases	319.16	213.5	107.29	86.26	65.33	71.33
Long-Term Unearned Revenue	-	3.57	4.43	2.66	1.59	23.75
Long-Term Deferred Tax Liabilities	-	21.09	13.62	79.28	25.6	62.43
Other Long-Term Liabilities	716.4	268.92	120.96	85.18	54.69	61.53
Total Liabilities	50,234	45,193	26,738	24,653	20,337	19,486
Common Stock	1.44	1.46	1.51	1.56	1.62	1.62
Additional Paid-In Capital	466.85	453.74	465.01	506.3	492.24	526.63
Retained Earnings	7,364	6,422	4,511	3,709	2,588	1,939
Treasury Stock	-0.03	-0.05	-0.07	-0.08	-0.08	-0.05
Comprehensive Income & Other	63.39	110.94	21.5	14.62	-3.22	71.23
Total Common Equity	7,896	6,988	4,999	4,232	3,079	2,539
Minority Interest	1.47	26.82	21.12	17.25	13.88	11.37
Shareholders' Equity	7,898	7,015	5,020	4,249	3,093	2,550
Total Liabilities & Equity	58,131	52,208	31,758	28,902	23,430	22,036
Total Debt	11,497	9,882	5,183	4,648	5,536	4,810
Net Cash (Debt)	-6,447	-5,583	-2,053	-995.52	-3,810	-2,815
Net Cash Per Share	-147.07	-125.67	-44.89	-20.98	-78.34	-59.18
Filing Date Shares Outstanding	42.81	43.29	44.05	44.98	46.9	47.53
Total Common Shares Outstanding	42.81	42.83	43.55	44.98	46.9	47.53
Book Value Per Share	184.46	163.18	114.77	94.07	65.65	53.41
Tangible Book Value	7,513	6,625	4,790	4,049	2,901	2,379
Tangible Book Value Per Share	175.51	154.70	109.97	90.01	61.86	50.06

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