GrønlandsBANKEN Balance Sheet

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

Millions DKK. 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	1,819	2,237	1,673	1,515	1,491	533.47
Investment Securities	2,368	826.73	649.44	514.64	499.44	344.35
Mortgage-Backed Securities	-	1,499	1,303	1,157	1,101	885.75
Total Investments	2,368	2,325	1,953	1,671	1,600	1,230
Gross Loans	5,388	5,244	5,009	4,534	3,958	4,178
Allowance for Loan Losses	-218.84	-212.7	-195.87	-180.01	-174.37	-171.99
Net Loans	5,169	5,031	4,813	4,354	3,784	4,006
Property, Plant & Equipment	336.09	318.49	304.92	290.38	253.94	236.51
Accrued Interest Receivable	5.85	4.82	4.43	3.98	3.83	4.76
Other Receivables	108.61	0.66	-	-	-	-
Restricted Cash	-	-	-	-	-	1,345
Other Long-Term Assets	149.63	104.34	93.2	115.15	93.8	82.24
Total Assets	9,956	10,022	8,841	7,950	7,227	7,438
Accrued Expenses	1.94	-	-	7.54	7.5	6.08
Interest Bearing Deposits	1,922	1,954	1,662	1,095	897.96	746.79
Non-Interest Bearing Deposits	5,713	5,875	5,266	5,242	4,826	5,323
Total Deposits	7,635	7,829	6,927	6,337	5,724	6,069
Short-Term Borrowings	14.51	15.7	22.11	22.6	13.15	17.04
Current Portion of Long-Term Debt	-	49.92	-	-	-	-
Current Income Taxes Payable	30.21	-	0.01	18.86	22.62	22.61
Long-Term Debt	541.78	327.67	238.3	99.27	49.64	-
Pension & Post-Retirement Benefits	3.15	2.9	2.51	2.1	1.71	1.39
Long-Term Deferred Tax Liabilities	62.57	106.39	84.76	67.13	68.33	64.13
Other Long-Term Liabilities	104.93	96.77	86.89	76.43	71.74	80.8
Total Liabilities	8,394	8,428	7,362	6,631	5,959	6,261
Common Stock	180	180	180	180	180	180
Retained Earnings	1,308	1,343	1,233	1,077	1,050	962.17
Comprehensive Income & Other	73.98	70.45	65.88	61.65	37.63	34.75
Shareholders' Equity	1,561	1,594	1,479	1,319	1,268	1,177
Total Liabilities & Equity	9,956	10,022	8,841	7,950	7,227	7,438
Total Debt	556.28	393.29	260.4	121.87	62.79	17.04
Net Cash (Debt)	1,262	1,844	1,412	1,393	1,429	516.43
Net Cash Growth	-9.23%	30.53%	1.39%	-2.48%	176.62%	9.98%
Net Cash Per Share	701.33	1024.12	784.82	774.51	793.68	287.12
Filing Date Shares Outstanding	1.8	1.8	1.8	1.8	1.8	1.8
Total Common Shares Outstanding	1.8	1.8	1.8	1.8	1.8	1.8
Book Value Per Share	867.50	885.35	821.74	732.55	704.39	653.84
Tangible Book Value	1,561	1,594	1,479	1,319	1,268	1,177
Tangible Book Value Per Share	867.50	885.35	821.74	732.55	704.39	653.84

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