LJSE:ZVTG 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	2,272	2,061	1,825	1,772	2,538
Investments in Equity & Preferred Securities	132.45	120.83	107.53	55.14	961.26
Other Investments	12.38	6.62	6.56	80.39	89.62
Total Investments	3,502	3,166	2,748	2,658	3,664
Cash & Equivalents	64.88	68.95	84.42	76.07	82.32
Reinsurance Recoverable	738.39	289.61	327.73	189.33	242.04
Other Receivables	110	65.53	59.1	69.88	148.01
Deferred Policy Acquisition Cost	-	-	-	-	53.1
Property, Plant & Equipment	122.75	115.92	117.94	120.06	119.59
Goodwill	10.77	10.41	10.41	10.41	10.41
Other Intangible Assets	49.29	42.68	44.08	43.06	43.36
Other Current Assets	0.57	0.56	3.65	2.69	4.29
Long-Term Deferred Tax Assets	13.33	14.24	21.97	14.79	0.93
Long-Term Deferred Charges	7.49	9.58	7.87	4.52	4.24
Other Long-Term Assets	816.96	755.1	674.21	614	2.12
Total Assets	5,436	4,538	4,099	3,802	4,374
Accounts Payable	18.83	13.62	14.01	14.05	17.44
Accrued Expenses	67.23	65.53	54.15	51.78	51.86
Insurance & Annuity Liabilities	3,225	2,496	2,352	2,101	1,549
Unpaid Claims	-	-	-	-	694.5
Unearned Premiums	-	-	-	-	370.04
Reinsurance Payable	5.07	2.15	6.46	9.47	33.38
Current Portion of Long-Term Debt	8.86	8.86	-	-	-
Current Portion of Leases	4.61	4.69	4.54	3.99	3.47
Current Income Taxes Payable	12.44	5.63	0.57	7.23	2.65
Long-Term Debt	146.77	143.27	49.99	49.94	49.89
Long-Term Leases	7.96	5.97	7.13	6.61	7.81
Long-Term Deferred Tax Liabilities	2.84	2.21	1.87	2.05	9.38
Separate Account Liability	-	-	-	-	622.3
Other Current Liabilities	14.98	16.17	12.28	10.54	7.53
Other Long-Term Liabilities	831.89	773.71	693.61	638.98	8.13
Total Liabilities	4,358	3,549	3,208	2,905	3,441
Common Stock	73.7	73.7	73.7	73.7	73.7
Additional Paid-In Capital	50.32	50.32	50.32	50.3	50.28
Retained Earnings	968.08	895.56	804.37	833.48	732.03
Treasury Stock	-0.36	-0.36	-0.36	-0.36	-0.36
Comprehensive Income & Other	-18.89	-34.33	-40.61	-63.77	74.86
Total Common Equity	1,073	984.89	887.42	893.35	930.51
Minority Interest	5.26	4.16	3.68	3.61	2.48
Shareholders' Equity	1,078	989.04	891.1	896.97	932.99
Total Liabilities & Equity	5,436	4,538	4,099	3,802	4,374
Filing Date Shares Outstanding	22.71	22.71	22.71	22.71	22.71
Total Common Shares Outstanding	22.71	22.71	22.71	22.71	22.71
Total Debt	168.21	162.79	61.66	60.54	61.16
Net Cash (Debt)	-103.33	-93.84	22.76	15.53	21.16
Net Cash Growth	-	-	46.55%	-26.60%	-3.00%
Net Cash Per Share	-4.55	-4.13	1.01	0.68	0.93
Book Value Per Share	47.24	43.37	39.07	39.34	40.97
Tangible Book Value	1,013	931.79	832.92	839.88	876.73
Tangible Book Value Per Share	44.60	41.03	36.67	36.98	38.60
Land	11.89	11.39	11.54	11.44	11.48
Buildings	124.97	119.71	124.16	125.75	129.03
Machinery	71.44	72.16	71.14	69.99	67.46
Construction In Progress	-	-	-	-	1.96

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