Valiant Holding AG Balance Sheet

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	3,794	4,198	4,159	4,727	5,053	6,254
Investment Securities	3,400	3,049	2,529	1,334	1,528	1,758
Trading Asset Securities	59.07	49.55	75.66	122.72	282.81	72.85
Total Investments	3,459	3,099	2,605	1,456	1,811	1,831
Gross Loans	30,708	30,503	30,272	29,777	28,768	27,312
Allowance for Loan Losses	-	-138.78	-123.68	-100.38	-88.81	-68.64
Net Loans	30,708	30,365	30,149	29,677	28,680	27,244
Property, Plant & Equipment	72.02	66.03	70.97	77.02	89.57	99.71
Investments in Real Estate	-	8.47	10.37	10.01	5.4	11.41
Accrued Interest Receivable	40.8	38.19	46.56	40.09	26.41	22.99
Other Receivables	80.75	81.1	60.63	63.45	55.28	76.51
Other Current Assets	-	13.18	16.85	21.94	1.46	1.62
Other Long-Term Assets	23.77	5.14	5.36	7.91	7.45	18.83
Total Assets	38,179	37,874	37,124	36,080	35,730	35,560
Accrued Expenses	209.05	213.72	232.17	188.93	143.69	140.56
Interest Bearing Deposits	22,739	1,882	22,166	22,024	22,474	22,088
Non-Interest Bearing Deposits	-	20,776	-	-	-	-
Total Deposits	22,739	22,658	22,166	22,024	22,474	22,088
Short-Term Borrowings	12.59	38.66	5.95	22.46	25.37	53.86
Current Portion of Long-Term Debt	1,663	2,772	1,629	1,481	1,754	2,632
Long-Term Debt	10,530	9,241	10,178	9,467	8,425	8,129
Pension & Post-Retirement Benefits	-	-	-	-	-	1.57
Long-Term Deferred Tax Liabilities	-	1.87	1.84	1.82	1.78	2.53
Other Long-Term Liabilities	217.74	184.79	232.91	320.33	438.07	113.76
Total Liabilities	35,371	35,110	34,446	33,505	33,262	33,162
Common Stock	7.9	7.9	7.9	7.9	7.9	7.9
Retained Earnings	2,212	2,168	2,077	1,975	1,867	1,798
Treasury Stock	-4.06	-4.06	-	-	-	-
Comprehensive Income & Other	592.56	592.56	592.56	592.58	592.6	592.61
Total Common Equity	2,808	2,764	2,677	2,576	2,467	2,399
Shareholders' Equity	2,808	2,764	2,677	2,576	2,467	2,399
Total Liabilities & Equity	38,179	37,874	37,124	36,080	35,730	35,560
Total Debt	12,206	12,052	11,814	10,970	10,205	10,815
Net Cash (Debt)	-8,353	-7,804	-7,578	-6,120	-4,869	-4,488
Net Cash Per Share	-529.90	-494.15	-479.88	-387.54	-308.29	-284.19
Filing Date Shares Outstanding	15.76	15.76	15.79	15.79	15.79	15.79
Total Common Shares Outstanding	15.76	15.76	15.79	15.79	15.79	15.79
Book Value Per Share	178.16	175.35	169.54	163.08	156.24	151.89
Tangible Book Value	2,808	2,764	2,677	2,576	2,467	2,399
Tangible Book Value Per Share	178.16	175.35	169.54	163.08	156.24	151.89