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	1,319	3,066	2,012	1,356	523
Investment Securities	88,160	68,969	63,794	59,126	61,160
Trading Asset Securities	10,949	14,087	16,859	19,460	6,054
Total Investments	99,109	83,056	80,653	78,586	67,214
Gross Loans	405,740	386,650	276,671	264,207	235,635
Allowance for Loan Losses	-1,605	-1,572	-1,244	-1,685	-1,721
Other Adjustments to Gross Loans	-1,207	-1,303	-1,129	-654	-472
Net Loans	402,928	383,775	274,298	261,868	233,442
Property, Plant & Equipment	1,755	1,720	1,314	1,237	1,313
Goodwill	4,079	4,057	345	423	423
Other Intangible Assets	10	15	20	24	30
Accrued Interest Receivable	21	19	9	11	2
Restricted Cash	114	108	71	63	57
Other Current Assets	63	61	33	31	38
Long-Term Deferred Tax Assets	1,897	2,404	2,612	1,075	598
Other Long-Term Assets	1,757	1,053	816	1,049	758
Total Assets	513,054	479,336	362,186	345,730	304,403
Accounts Payable	110	96	93	92	66
Accrued Expenses	1,138	751	572	452	513
Interest Bearing Deposits	40,715	36,481	33,270	22,742	18,574
Non-Interest Bearing Deposits	190,397	167,525	115,806	125,358	119,090
Total Deposits	231,112	204,006	149,076	148,100	137,664
Short-Term Borrowings	10,291	9,872	14,360	15,978	3,280
Current Portion of Long-Term Debt	29,851	162	2,525	3,221	2,557
Current Portion of Leases	96	96	66	62	58
Current Income Taxes Payable	1,167	1,178	2,706	1,345	232
Other Current Liabilities	755	157	149	65	57
Long-Term Debt	182,589	209,165	158,154	146,815	131,871
Long-Term Leases	450	409	324	274	301
Pension & Post-Retirement Benefits	-	431	261	251	277
Other Long-Term Liabilities	-1	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	-	-	1,982	1,790	1,535
Comprehensive Income & Other	31,391	28,532	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)	-211,009	-202,551	-156,558	-145,534	-131,490
Net Cash Per Share	-562.91	-539.48	-592.37	-569.11	-514.22
Filing Date Shares Outstanding	374.79	375.37	264.22	255.72	255.71
Total Common Shares Outstanding	374.79	375.37	264.22	255.72	255.71
Book Value Per Share	137.40	128.77	115.08	105.53	99.05
Tangible Book Value	51,407	48,565	33,196	28,240	26,726
Tangible Book Value Per Share	126.49	117.92	113.70	103.78	97.28

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