HNX:VNR Balance Sheet

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

Millions VND. 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	-	1,596,984	1,129,000	695,000	464,490
Investments in Equity & Preferred Securities	694,429	433,556	434,296	622,936	650,140
Other Investments	5,436,430	2,982,000	2,826,000	2,785,400	2,861,800
Total Investments	6,130,859	5,013,493	4,392,069	4,107,927	3,982,840
Cash & Equivalents	58,403	143,098	66,326	62,300	25,282
Reinsurance Recoverable	2,364,516	2,290,387	2,199,940	1,975,696	2,165,905
Other Receivables	225,516	151,666	315,593	199,433	200,666
Property, Plant & Equipment	8,050	12,622	13,359	28,782	24,872
Other Intangible Assets	9,341	10,163	13,290	-	-
Other Current Assets	779,305	591,596	551,292	530,098	583,484
Long-Term Deferred Tax Assets	1,215	2,676	2,430	741.62	950.95
Other Long-Term Assets	38,538	258,948	158,957	221,501	172,616
Total Assets	9,615,743	8,474,650	7,713,256	7,126,479	7,156,614
Accounts Payable	2,018	1,087	5,373	1,412	988.85
Accrued Expenses	76,834	62,962	65,590	53,321	55,272
Insurance & Annuity Liabilities	238,695	217,402	211,030	197,475	184,764
Unearned Premiums	255,984	176,856	147,556	112,204	99,312
Reinsurance Payable	4,760,658	4,272,944	3,732,495	3,185,408	3,435,405
Current Income Taxes Payable	27,310	15,377	13,648	27,590	16,708
Other Current Liabilities	63,097	68,802	90,169	90,686	77,500
Other Long-Term Liabilities	1,482	1,731	1,474	1,052	990.63
Total Liabilities	5,426,076	4,817,161	4,267,336	3,669,148	3,870,940
Common Stock	2,006,302	1,823,915	1,658,106	1,507,371	1,507,371
Additional Paid-In Capital	369,757	369,757	369,757	369,757	369,757
Retained Earnings	1,778,094	1,463,818	1,418,058	1,548,250	1,374,822
Total Common Equity	4,154,153	3,657,489	3,445,920	3,425,378	3,251,950
Minority Interest	35,514	-	-	31,952	33,724
Shareholders' Equity	4,189,667	3,657,489	3,445,920	3,457,331	3,285,675
Total Liabilities & Equity	9,615,743	8,474,650	7,713,256	7,126,479	7,156,614
Filing Date Shares Outstanding	208.02	200.63	200.63	200.63	200.63
Total Common Shares Outstanding	208.02	200.63	200.63	200.63	200.63
Net Cash (Debt)	58,403	143,098	66,326	62,300	25,282
Net Cash Growth	-59.19%	115.75%	6.46%	146.42%	-54.38%
Net Cash Per Share	282.09	697.63	330.59	310.52	126.01
Book Value Per Share	19970.43	18229.96	17175.43	17073.02	16208.60
Tangible Book Value	4,144,812	3,647,326	3,432,631	3,425,378	3,251,950
Tangible Book Value Per Share	19925.52	18179.31	17109.19	17073.02	16208.60
Buildings	-	18,355	18,355	18,355	18,355
Machinery	-	17,612	17,906	11,737	11,432
Construction In Progress	-	2,450	1,617	21,307	17,108

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.