AS LHV Group Balance Sheet

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

Millions EUR. 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	3,875	4,312	3,817	3,062	2,434	3,930
Investment Securities	380.92	379.06	284.53	322.89	365.41	5.24
Trading Asset Securities	77.07	24.93	26.27	18.45	9.35	135.86
Total Investments	457.99	403.99	310.81	341.34	374.76	141.09
Gross Loans	5,656	5,519	4,597	3,612	3,250	2,706
Allowance for Loan Losses	-42.61	-41.7	-39.81	-29.73	-20.64	-19.05
Net Loans	5,613	5,478	4,557	3,582	3,230	2,687
Property, Plant & Equipment	10.38	11.8	18.21	22.11	16.86	8.47
Goodwill	7.55	7.55	9.15	9.15	10.75	3.61
Other Intangible Assets	5.35	5.9	7.2	6.83	6.42	3.76
Other Receivables	-	0.52	1	1.85	-	-
Restricted Cash	-	-	-	55.9	48.69	57.3
Other Current Assets	-	6.53	6.56	3.72	6.78	3.47
Other Long-Term Assets	7.89	0.8	2.41	1.63	0.12	2.24
Total Assets	9,984	10,233	8,736	7,093	6,135	6,845
Accounts Payable	5.32	1.51	4.96	2.18	1.94	2.78
Accrued Expenses	9.21	7.05	6.18	4.41	26.87	2.55
Interest Bearing Deposits	7,803	8,134	6,910	5,731	4,900	5,809
Total Deposits	7,803	8,134	6,910	5,731	4,900	5,809
Short-Term Borrowings	1.2	1.28	0.02	1.84	3.85	0.16
Current Portion of Long-Term Debt	168.57	150.29	283.9	212.02	-	-
Current Portion of Leases	5.51	6.46	10.12	13.42	6.77	3.35
Current Income Taxes Payable	9.02	5.97	12.92	10.63	3.09	2.21
Accrued Interest Payable	-	-	-	-	0.7	-3.79
Other Current Liabilities	139.73	38.44	35.12	66.27	51.55	43.39
Long-Term Debt	1,095	1,100	770.05	478.36	717.33	659.52
Other Long-Term Liabilities	18.9	20.1	24.28	16.54	2.25	1.1
Total Liabilities	9,256	9,466	8,058	6,537	5,714	6,520
Common Stock	32.79	32.79	32.42	31.98	31.54	29.86
Additional Paid-In Capital	154.59	154.59	146.96	143.37	141.19	97.36
Retained Earnings	531.4	567.29	474.44	363.74	234.53	184.46
Treasury Stock	-10.41	-7.27	-	-	-	-
Comprehensive Income & Other	12.88	10.5	16.27	9.33	5.68	4.73
Total Common Equity	721.26	757.9	670.09	548.43	412.94	316.42
Minority Interest	6.95	9.28	8.57	7.94	7.91	8.38
Shareholders' Equity	728.21	767.18	678.66	556.37	420.85	324.8
Total Liabilities & Equity	9,984	10,233	8,736	7,093	6,135	6,845
Total Debt	1,271	1,258	1,064	705.64	727.94	663.03
Net Cash (Debt)	2,682	3,079	2,779	2,374	1,715	3,403
Net Cash Growth	23.43%	10.76%	17.06%	38.45%	-49.60%	62.08%
Net Cash Per Share	8.02	9.24	8.46	7.32	5.40	11.36
Filing Date Shares Outstanding	327.86	325.76	324.19	319.83	315.42	298.64
Total Common Shares Outstanding	327.86	325.76	324.19	319.83	315.42	298.64
Book Value Per Share	2.20	2.33	2.07	1.71	1.31	1.06
Tangible Book Value	708.36	744.45	653.73	532.45	395.78	309.04
Tangible Book Value Per Share	2.16	2.29	2.02	1.66	1.25	1.03

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