SpareBank 1 Sør-Norge ASA Balance Sheet

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

Millions NOK. 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
Cash & Equivalents	121	3,066	2,012	1,356	523
Investment Securities	90,333	69,106	63,794	59,126	61,160
Trading Asset Securities	8,776	14,087	16,859	19,460	6,054
Total Investments	99,109	83,193	80,653	78,586	67,214
Gross Loans	404,240	386,650	276,671	264,207	235,635
Allowance for Loan Losses	-	-1,572	-1,244	-1,685	-1,721
Other Adjustments to Gross Loans	-	-1,303	-1,129	-654	-472
Net Loans	404,240	383,775	274,298	261,868	233,442
Property, Plant & Equipment	1,755	1,720	1,314	1,237	1,313
Goodwill	-	4,050	345	423	423
Other Intangible Assets	4,091	22	20	24	30
Accrued Interest Receivable	-	19	9	11	2
Restricted Cash	-	108	71	63	57
Other Current Assets	-	61	33	31	38
Long-Term Deferred Tax Assets	1,897	2,404	2,612	1,075	598
Other Long-Term Assets	1,841	916	816	1,049	758
Total Assets	513,054	479,336	362,186	345,730	304,403
Accounts Payable	-	96	93	92	66
Accrued Expenses	1,167	751	572	452	513
Interest Bearing Deposits	231,112	36,481	33,270	22,742	18,574
Non-Interest Bearing Deposits	-	167,525	115,806	125,358	119,090
Total Deposits	231,112	204,006	149,076	148,100	137,664
Short-Term Borrowings	11,437	9,872	14,360	15,978	3,280
Current Portion of Long-Term Debt	-	28,861	2,525	3,221	2,557
Current Portion of Leases	-	96	66	62	58
Current Income Taxes Payable	-	1,178	2,706	1,345	232
Other Current Liabilities	-	157	149	65	57
Long-Term Debt	211,294	180,466	158,154	146,815	131,871
Long-Term Leases	546	409	324	274	301
Pension & Post-Retirement Benefits	431	431	261	251	277
Other Long-Term Liabilities	1,571	376	339	388	348
Total Liabilities	457,558	426,699	328,625	317,043	277,224
Common Stock	9,386	9,386	6,607	6,394	6,394
Additional Paid-In Capital	14,719	14,719	2,354	1,587	1,587
Retained Earnings	-	3,191	1,982	1,790	1,535
Comprehensive Income & Other	31,391	25,341	22,618	18,916	17,663
Total Common Equity	55,496	52,637	33,561	28,687	27,179
Shareholders' Equity	55,496	52,637	33,561	28,687	27,179
Total Liabilities & Equity	513,054	479,336	362,186	345,730	304,403
Total Debt	223,277	219,704	175,429	166,350	138,067
Net Cash (Debt)	-214,380	-202,551	-156,558	-145,534	-131,490
Net Cash Per Share	-571.90	-539.48	-592.37	-569.11	-514.22
Filing Date Shares Outstanding	372.96	375.37	264.22	255.72	255.71
Total Common Shares Outstanding	372.96	375.37	264.22	255.72	255.71
Book Value Per Share	148.80	128.77	115.08	105.53	99.05
Tangible Book Value	51,405	48,565	33,196	28,240	26,726
Tangible Book Value Per Share	137.83	117.92	113.70	103.78	97.28

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