Company statement of financial position

For the year ended December 31, 2025

Before profit appropriation

Notes

2025

2024

Assets

Cash balances with Banks

(A)

112,662

30,827

Current accounts with State funds and other programs

(2)

3,207

1,336

Short-term deposits

-of which: amortized cost

(3)

623,995

1,111,887

-of which: fair value through profit or loss

446,130

361,452

Interest-bearing securities

(5)

-of which: amortized cost

573,169

481,798

-of which: fair value through profit or loss

134,120

107,596

Derivative financial instruments

(6)

233,483

126,339

Loans to the private sector

-of which: amortized cost

5,527,226

5,147,894

-of which: fair value through profit or loss

757,353

654,051

Equity investments

(B)

-of which: fair value through OCI

223,452

201,287

-of which: fair value through profit or loss

2,018,800

2,189,097

Other financial assets

(C)

99,439

107,121

Investment in group companies

(D)

1,955

4,858

Investments in associates and joint ventures

(10)

386,603

372,073

Intangible assets

(12)

37,883

26,445

Property, plant and equipment

(11)

31,387

16,336

Current tax receivables

893

14,329

Deferred income tax assets

(30)

3,647

9,075

Other receivables

(E)

32,659

17,406

Total assets

11,248,063

10,981,207

Liabilities

Short-term credits

(13)

543,965

216,912

Current accounts with State funds and other programs

(14)

2,117

93

Debentures and notes

(16)

6,498,892

6,335,981

Derivative financial instruments

(6)

143,989

471,386

Accrued and other liabilities

167,288

50,645

Dutch government program liabilities

-

12,300

Provisions

29,583

36,729

Deferred income tax liabilities

279

1,481

Total liabilities

7,386,113

7,125,527

Shareholders’ equity

Share capital

9,076

9,076

Share premium reserve

29,272

29,272

Revaluation reserve

755,558

1,425,849

Legal and statutory reserves

-of which: Legal reserves

123,351

142,974

-of which: Contractual reserve

2,262,708

1,557,430

-of which: Development fund

657,981

657,981

Other reserves

22,000

22,507

Undistributed result

2,004

10,591

Total shareholders’ equity

3,861,950

3,855,680

Total liabilities and shareholders’ equity

(F)

11,248,063

10,981,207

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